The Bread and Gospel of Eastern America Inc

Analysis

The Bread and Gospel of Eastern America Inc is a registered charity in United States, based in Flushing, NY. It received its IRS tax-exemption ruling in April 2013, 13 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, The Bread and Gospel of Eastern America Inc reported income of $51k and spending of $55k, spending 108% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $57k to $51k (-10%), an average of -10% a year. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The Bread and Gospel of Eastern America Inc sits at the 18th percentile: it is larger than about 18% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 22nd percentile within NY. Charities of a similar size with the same main cause include A Girl Like Me Inc ($51k), Living Success Inc ($51k) and C O R E Ministries Inc ($51k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $12k against liabilities of $0, net assets of $12k.