Our Daily Bread Soup Kitchen

Analysis

Our Daily Bread Soup Kitchen is a registered charity in United States, based in Lima, OH. It received its IRS tax-exemption ruling in February 1922, 104 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Our Daily Bread Soup Kitchen reported income of $208k and spending of $207k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $265k to $208k (-22%), an average of -22% a year. The sharpest change came in the year to December 2023, when income dropped by 22%. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Our Daily Bread Soup Kitchen sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 55th percentile within OH. Charities of a similar size with the same main cause include Warrior Strong Inc ($208k), Little League Baseball Inc ($208k) and Cook County Council on Aging Inc ($208k).

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 $76k. At year end it held assets of $267k against liabilities of $2,341, net assets of $265k. It reported 4 employees.