Loaves & Fishes Community Services

Analysis

Loaves & Fishes Community Services is a registered charity in United States, based in Naperville, IL. It received its IRS tax-exemption ruling in March 1992, 34 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 June 2024, Loaves & Fishes Community Services reported income of $37.0m and spending of $35.6m, spending 96% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $13.0m to $37.0m (+186%), an average of +30% a year. The sharpest change came in the year to June 2024, when income rose by 51%. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Loaves & Fishes Community Services sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within IL. Charities of a similar size with the same main cause include Visiting Nurse Association of Saint Lukes-Home Health-Hospice Inc ($37.0m), Achieva Support ($37.1m) and Island Harvest Ltd ($37.0m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $261k (0.7% of expenses). Other salaries and wages came to $1.9m. At year end it held assets of $14.7m against liabilities of $397k, net assets of $14.3m. It reported 40 employees.