Breakin Bread Ministries Inc

Analysis

Breakin Bread Ministries Inc is a registered charity in United States, based in Heber Springs, AR. It received its IRS tax-exemption ruling in July 2014, 12 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, Breakin Bread Ministries Inc reported income of $55k and spending of $56k, spending 103% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $43k to $55k (+26%), an average of +26% a year. The sharpest change came in the year to December 2023, when income rose by 26%. Over the whole period it spent 113% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Breakin Bread Ministries Inc sits at the 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 19th percentile within AR. Charities of a similar size with the same main cause include Reachsa ($55k), Joy of Hope Ministry Inc ($55k) and Maiden Factor Foundation Inc ($55k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $127k against liabilities of $0, net assets of $127k.