Sunday Breakfast Mission Inc

Analysis

Sunday Breakfast Mission Inc is a registered charity in United States, based in Wilmington, DE. It received its IRS tax-exemption ruling in October 1993, 33 years ago. 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 September 2023, Sunday Breakfast Mission Inc reported income of $7.7m and spending of $7.2m, spending 94% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $5.8m to $7.7m (+33%), an average of +7.4% a year. The sharpest change came in the year to September 2021, when income rose by 33%. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Sunday Breakfast Mission Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within DE. Charities of a similar size with the same main cause include Gladwyne Montessori School ($7.7m), B Nai B Rith ($7.7m) and College Unbound ($7.7m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $266k (3.7% of expenses). Other salaries and wages came to $1.0m. It paid $107k in professional fundraising fees. At year end it held assets of $5.8m against liabilities of $2.0m, net assets of $3.8m. It reported 39 employees.