Panera Bread Foundation Inc

Analysis

Panera Bread Foundation Inc is a registered charity in United States, based in Fenton, MO. It received its IRS tax-exemption ruling in June 2002, 24 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Panera Bread Foundation Inc reported income of $1.5m and spending of $2.0m, spending 139% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income grew from $1.3m to $1.5m (+14%), an average of +2.7% a year. The sharpest change came in the year to December 2022, when income rose by 688668%. Over the whole period it spent 56% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Panera Bread Foundation Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 81st percentile within MO. Charities of a similar size with the same main cause include St Elizabeths Community Development Foundation Wabasha MN Inc ($1.5m), United Way of Cape Cod ($1.5m) and Jack in the Box Foundation ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% of the total. At year end it held assets of $2.7m against liabilities of $0, net assets of $2.7m.