Loaves & Fishes Inc

Analysis

Loaves & Fishes Inc is a registered charity in United States, based in Apopka, FL. It received its IRS tax-exemption ruling in October 1987, 39 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Loaves & Fishes Inc reported income of $1.8m and spending of $1.7m, spending 96% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $1.6m to $1.8m (+16%), an average of +3.7% a year. The sharpest change came in the year to June 2024, when income rose by 35%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Loaves & Fishes Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 87th percentile within FL. Charities of a similar size with the same main cause include Chaldean American Ladies of Charity ($1.8m), NW Energy Coalition ($1.8m) and Legacy YMCA ($1.8m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 98% of the total. Other salaries and wages came to $291k. At year end it held assets of $1.4m against liabilities of $0, net assets of $1.4m. It reported 4 employees.