Loaves and Fishes International Inc

Analysis

Loaves and Fishes International Inc is a registered charity in United States, based in Englewood, FL. It received its IRS tax-exemption ruling in May 2005, 21 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, Loaves and Fishes International Inc reported income of $65k and spending of $94k, spending 144% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $388k to $65k (-83%), an average of -36% a year. The sharpest change came in the year to December 2022, when income dropped by 58%. Over the whole period it spent 112% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Loaves and Fishes International Inc sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 29th percentile within FL. Charities of a similar size with the same main cause include California Trail Users Coalition ($65k), By Provision Inc ($65k) and Unify Sedona a Rainbow Alliance ($65k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $36k. At year end it held assets of $35k against liabilities of $21k, net assets of $14k. It reported 2 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.