Loaves & Fishes Ministries

Analysis

Loaves & Fishes Ministries is a registered charity in United States, based in Warrenton, NC. It received its IRS tax-exemption ruling in April 2001, 25 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 June 2024, Loaves & Fishes Ministries reported income of $1.4m and spending of $1.4m, spending 102% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $1.2m to $1.4m (+16%), an average of +3.8% a year. The sharpest change came in the year to June 2021, when income rose by 40%. Over the whole period it spent 99% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Loaves & Fishes Ministries 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 83rd percentile, and in the 83rd percentile within NC. Charities of a similar size with the same main cause include Tying Vines Inc ($1.4m), One Spirit Learning Alliance Ltd ($1.4m) and Wesley Pines Conference Retreat & Camping Center ($1.4m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $116k against liabilities of $3,632, net assets of $113k.

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.