Bread of Life Community Food Pantry Inc

Analysis

Bread of Life Community Food Pantry Inc is a registered charity in United States, based in Plymouth, IN. It received its IRS tax-exemption ruling in September 2009, 17 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, Bread of Life Community Food Pantry Inc reported income of $205k and spending of $236k, spending 115% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $213k to $205k (-3.9%), an average of -1.3% a year. The sharpest change came in the year to December 2021, when income rose by 44%. Over the whole period it spent 83% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Bread of Life Community Food Pantry Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 53rd percentile within IN. Charities of a similar size with the same main cause include Larry Kings Clubhouse ($205k), Friends of International Institute of Milwaukee County Inc ($205k) and Childrens Public Private Partnership ($205k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $362k against liabilities of $0, net assets of $362k.