Loaves and Fishes Inc

Analysis

Loaves and Fishes Inc is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in May 2012, 14 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Loaves and Fishes Inc reported income of $78k and spending of $91k, spending 117% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $75k to $78k (+4.3%), an average of +4.3% a year. Over the whole period it spent 110% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Loaves and Fishes Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 29th percentile within KY. Charities of a similar size with the same main cause include Iglesia Evangelica Apostoles Y Profetas Efesios 2 20 ($78k), Clear Bible Inc ($78k) and Los Angeles Hindu Soceity Inc ($78k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $332k against liabilities of $34k, net assets of $298k.