Greensburg Community Bread of Life Inc

Analysis

Greensburg Community Bread of Life Inc is a registered charity in United States, based in Greensburg, IN. It received its IRS tax-exemption ruling in March 2007, 19 years ago. 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, Greensburg Community Bread of Life Inc reported income of $706k and spending of $666k, spending 94% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $570k to $706k (+24%), an average of +7.4% a year. The sharpest change came in the year to December 2022, when income rose by 17%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Greensburg Community Bread of Life Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 75th percentile within IN. Charities of a similar size with the same main cause include Joint Review Committee on Education in Diagnostic Medical Sonography ($706k), Austin Bridge Builders Alliance ($707k) and Halifax County Cancer Association ($706k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% of the total. Compensation of current officers, directors and key employees was $65k (9.8% of expenses). Other salaries and wages came to $78k. At year end it held assets of $1.3m against liabilities of $0, net assets of $1.3m. It reported 12 employees.