Bread of Life Center for Peace Heavenly Presents Inc

Analysis

Bread of Life Center for Peace Heavenly Presents Inc is a registered charity in United States, based in Leonardtown, MD. It received its IRS tax-exemption ruling in March 1995, 31 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Bread of Life Center for Peace Heavenly Presents Inc reported income of $79k and spending of $110k, spending 139% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income grew from $62k to $79k (+28%), an average of +28% a year. The sharpest change came in the year to June 2023, when income rose by 28%. Over the whole period it spent 117% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Bread of Life Center for Peace Heavenly Presents Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 32nd percentile within MD. Charities of a similar size with the same main cause include Higher Ground Youth Challenge ($79k), Garden of Eden Preservation Society Inc ($79k) and North Hills Hunt Inc ($79k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 9.8% of the total. At year end it held assets of $101k against liabilities of $13k, net assets of $88k.