More Than Bread

Analysis

More Than Bread is a registered charity in United States, based in Culver City, CA. It received its IRS tax-exemption ruling in April 2012, 14 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 June 2023, More Than Bread reported income of $141k and spending of $158k, spending 113% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income fell from $172k to $141k (-18%), an average of -18% a year. The sharpest change came in the year to June 2023, when income dropped by 18%. Over the whole period it spent 99% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, More Than Bread sits at the 55th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 48th percentile within CA. Charities of a similar size with the same main cause include Hope for Cambodia ($141k), Breath of Life Missions Inc ($141k) and Sri Shirdi Sai Foundation Inc ($140k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 98% and program service revenue 1.9% of the total. At year end it held assets of $107k against liabilities of $0, net assets of $107k.