Bread of Life International Inc

Analysis

Bread of Life International Inc is a registered charity in United States, based in Gilbert, AZ. It received its IRS tax-exemption ruling in July 2015, 11 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 of Life International Inc reported income of $497k and spending of $386k, leaving 22% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $561k to $497k (-11%), an average of -11% a year. Over the whole period it spent 78% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Bread of Life International Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 67th percentile within AZ. Charities of a similar size with the same main cause include Rebridge ($497k), Wat Lao Xayabhoummaram ($497k) and Living River a Retreat on the Cahaba Inc ($497k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $176k. At year end it held assets of $311k against liabilities of $0, net assets of $311k. It reported 2 employees.