Fishes and Loaves Outreach Ministries

Analysis

Fishes and Loaves Outreach Ministries is a registered charity in United States, based in Springfield, IL. It received its IRS tax-exemption ruling in March 2000, 26 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 2023, Fishes and Loaves Outreach Ministries reported income of $356k and spending of $397k, spending 112% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $300k to $356k (+19%), an average of +5.8% a year. The sharpest change came in the year to June 2022, when income rose by 15%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Fishes and Loaves Outreach Ministries sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 65th percentile within IL. Charities of a similar size with the same main cause include Angels Acts of Kindness ($356k), Village-Connect Inc ($356k) and Greece Ecumenical Food Shelf and Clothing Closet Inc ($356k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 93% and program service revenue 7.1% of the total. Compensation of current officers, directors and key employees was $66k (17% of expenses). Other salaries and wages came to $149k. At year end it held assets of $220k against liabilities of $269k, net assets of -$49k. It reported 7 employees.