The Breadbasket

Analysis

The Breadbasket is a registered charity in United States, based in Flandreau, SD. It received its IRS tax-exemption ruling in January 2015, 11 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, The Breadbasket reported income of $97k and spending of $67k, leaving 31% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $81k to $97k (+20%), an average of +20% a year. The sharpest change came in the year to December 2023, when income rose by 20%. Over the whole period it spent 66% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The Breadbasket sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 31st percentile within SD. Charities of a similar size with the same main cause include United Community Service Incorporated ($97k), Homeless Outreach Mitigation and Emergency Center ($97k) and J Y Joyner Foundation ($97k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $176k against liabilities of $0, net assets of $176k.