Our Daily Bread Ministries

Analysis

Our Daily Bread Ministries is a registered charity in United States, based in Savannah, TN. It received its IRS tax-exemption ruling in June 2011, 15 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, Our Daily Bread Ministries reported income of $101k and spending of $107k, spending 106% of what it took in. Across the 3 years on record, from December 2020 to December 2023, income fell from $448k to $101k (-78%), an average of -53% a year. The sharpest change came in the year to December 2022, when income dropped by 85%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Our Daily Bread Ministries sits at the 33rd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 37th percentile within TN. Charities of a similar size with the same main cause include Bopic ($101k), Wayne Interfaith Network ($101k) and Beacon Incorporated ($101k).

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 $68k against liabilities of $0, net assets of $68k.