Bread of Life Ministries P-P Inc

Analysis

Bread of Life Ministries P-P Inc is a registered charity in United States, based in Pembroke Pnes, FL. It received its IRS tax-exemption ruling in September 1971, 55 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Bread of Life Ministries P-P Inc reported income of $125k and spending of $112k, spending 89% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $102k to $125k (+22%), an average of +22% a year. The sharpest change came in the year to December 2023, when income rose by 22%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Bread of Life Ministries P-P Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 47th percentile within FL. Charities of a similar size with the same main cause include Los Angeles Intergroup of Overeaters Anonymous Inc ($125k), Habitat for Humanity International Inc ($125k) and Veterans Connected ($125k).

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 $67k against liabilities of $0, net assets of $67k.