Bread for Life Ministries

Analysis

Bread for Life Ministries is a registered charity in United States, based in Meridian, ID. It received its IRS tax-exemption ruling in October 2013, 13 years ago. Its declared purposes cover human services, 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, Bread for Life Ministries reported income of $208k and spending of $185k, spending 89% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $91k to $208k (+128%), an average of +128% a year. The sharpest change came in the year to December 2023, when income rose by 128%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Bread for Life Ministries sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 57th percentile within ID. Charities of a similar size with the same main cause include Anderson House Pregnancy Resource Center ($208k), Childrens Services Inc ($208k) and Hike for Life Inc ($208k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $39k against liabilities of $6,154, net assets of $32k.