Our Daily Bread

Analysis

Our Daily Bread is a registered charity in United States, based in Canton, MS. It received its IRS tax-exemption ruling in November 2007, 19 years ago. Its declared purposes cover food, agriculture and nutrition, 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 December 2023, Our Daily Bread reported income of $223k and spending of $216k, spending 97% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $162k to $223k (+37%), an average of +37% a year. The sharpest change came in the year to December 2023, when income rose by 37%. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Our Daily Bread sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 57th percentile within MS. Charities of a similar size with the same main cause include Jane Addams Senior Caucus ($223k), Rotary Futures Program Inc ($223k) and Mooresburg Community Association ($223k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $26k (12% of expenses). Other salaries and wages came to $38k. At year end it held assets of $135k against liabilities of -$4,614, net assets of $139k. It reported 4 employees.