Breaking Bread for Jesus Inc

Analysis

Breaking Bread for Jesus Inc is a registered charity in United States, based in Lyman, SC. It received its IRS tax-exemption ruling in July 2015, 11 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, Breaking Bread for Jesus Inc reported income of $132k and spending of $126k, spending 96% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $174k to $132k (-24%), an average of -13% a year. The sharpest change came in the year to December 2022, when income dropped by 38%. Over the whole period it spent 85% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Breaking Bread for Jesus Inc sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 50th percentile within SC. Charities of a similar size with the same main cause include Lazarus Gate ($132k), Sports Missions Outreach ($132k) and Friends of Pimpollo ($132k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $498k against liabilities of $0, net assets of $498k.