Community Bread Basket Inc

Analysis

Community Bread Basket Inc is a registered charity in United States, based in Weirton, WV. It received its IRS tax-exemption ruling in September 2008, 18 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Community Bread Basket Inc reported income of $467k and spending of $526k, spending 113% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $379k to $467k (+23%), an average of +5.4% a year. The sharpest change came in the year to December 2020, when income rose by 29%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Community Bread Basket Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 67th percentile within WV. Charities of a similar size with the same main cause include Natchez Childrens Home Services ($467k), Amoveo Group ($467k) and Senior Citizens Inc ($467k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 103% of the total. Compensation of current officers, directors and key employees was $27k (5.2% of expenses). Other salaries and wages came to $31k. At year end it held assets of $181k against liabilities of $1,741, net assets of $179k. It reported 5 employees.