Living Bread Inc

Analysis

Living Bread Inc is a registered charity in United States, based in Greenville, SC. It received its IRS tax-exemption ruling in May 2013, 13 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Living Bread Inc reported income of $91k and spending of $103k, spending 113% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $106k to $91k (-14%), an average of -14% a year. Over the whole period it spent 110% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Living Bread Inc sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 40th percentile within SC. Charities of a similar size with the same main cause include Michael P Brown - Colon Cancer ($91k), Arches New Hope Pregnancy Center ($91k) and Swollfest Inc ($91k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 19% and program service revenue 81% of the total. At year end it held assets of $10k against liabilities of $0, net assets of $10k.