Bread for the World Institute Inc

Analysis

Bread for the World Institute Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in June 1985, 41 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 for the World Institute Inc reported income of $6.7m and spending of $6.7m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $6.6m to $6.7m (+0.6%), an average of +0.2% a year. Over the whole period it spent 112% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Bread for the World Institute 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 93rd percentile, and in the 83rd percentile within DC. Charities of a similar size with the same main cause include Destiny Rescue USA Inc ($6.7m), Junior Achievement Rocky Mountain ($6.7m) and Middle East Institute ($6.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 86% and program service revenue 0.2% of the total. Compensation of current officers, directors and key employees was $618k (9.2% of expenses). Other salaries and wages came to $2.7m. At year end it held assets of $15.7m against liabilities of $8.5m, net assets of $7.2m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.