Home of Sliced Bread Corporation

Analysis

Home of Sliced Bread Corporation is a registered charity in United States, based in Chillicothe, MO. It received its IRS tax-exemption ruling in March 2015, 11 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 June 2023, Home of Sliced Bread Corporation reported income of $139k and spending of $63k, leaving 55% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $26k to $139k (+433%), an average of +75% a year. The sharpest change came in the year to June 2023, when income rose by 300%. Over the whole period it spent 80% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Home of Sliced Bread Corporation sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 43rd percentile within MO. Charities of a similar size with the same main cause include Clayton Main Street ($139k), Sea Save Foundation ($139k) and Saratoga City Ballet Inc ($139k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 88% and program service revenue 0.9% of the total. At year end it held assets of $604k against liabilities of $628, net assets of $603k. It reported 3 employees.