Dividing Bread Ministry Inc

Analysis

Dividing Bread Ministry Inc is a registered charity in United States, based in Skiatook, OK. It received its IRS tax-exemption ruling in August 2010, 16 years ago. Its declared purposes cover human services, 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, Dividing Bread Ministry Inc reported income of $294k and spending of $199k, leaving 32% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $192k to $294k (+53%), an average of +11% a year. The sharpest change came in the year to December 2021, when income rose by 18%. Over the whole period it spent 89% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Dividing Bread Ministry Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 63rd percentile within OK. Charities of a similar size with the same main cause include Family Promise of Cheyenne ($294k), Circles Ashland Inc ($294k) and Peanut Butter & Jesus Inc ($294k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% of the total. Compensation of current officers, directors and key employees was $31k (15% of expenses). Other salaries and wages came to $34k. At year end it held assets of $151k against liabilities of $0, net assets of $151k. It reported 7 employees.