House of Bread and Peace Inc

Analysis

House of Bread and Peace Inc is a registered charity in United States, based in Evansville, IN. It received its IRS tax-exemption ruling in November 1990, 36 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 July 2023, House of Bread and Peace Inc reported income of $439k and spending of $357k, spending 81% of its income. Across the 5 years on record, from July 2019 to July 2023, income grew from $130k to $439k (+236%), an average of +35% a year. The sharpest change came in the year to July 2023, when income rose by 128%. Over the whole period it spent 85% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, House of Bread and Peace Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 68th percentile within IN. Charities of a similar size with the same main cause include Lees Foster Home Inc ($439k), My Fathers House Community Services Inc ($439k) and Caring and Sharing Food Pantry Inc ($439k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 96% of the total. Other salaries and wages came to $168k. At year end it held assets of $371k against liabilities of $8,970, net assets of $362k. It reported 6 employees.