House of Bread

Analysis

House of Bread is a registered charity in United States, based in Dayton, OH. It received its IRS tax-exemption ruling in May 1984, 42 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 June 2024, House of Bread reported income of $2.2m and spending of $2.3m, spending 107% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $1.9m to $2.2m (+13%), an average of +3.1% a year. The sharpest change came in the year to June 2021, when income rose by 33%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, House of Bread sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within OH. Charities of a similar size with the same main cause include Tumaini International ($2.2m), Summerhouse Houston ($2.2m) and Sheridan House Inc ($2.2m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $105k (4.5% of expenses). Other salaries and wages came to $382k. At year end it held assets of $3.2m against liabilities of $56k, net assets of $3.1m. It reported 35 employees.