Bread of Life Fellowship Inc

Analysis

Bread of Life Fellowship Inc is a registered charity in United States, based in Ocoee, FL. It received its IRS tax-exemption ruling in November 1994, 32 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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 of Life Fellowship Inc reported income of $9.9m and spending of $10.0m, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.0m to $9.9m (+386%), an average of +48% a year. The sharpest change came in the year to December 2020, when income rose by 171%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Bread of Life Fellowship 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 95th percentile, and in the 96th percentile within FL. Charities of a similar size with the same main cause include Emergency Family Assistance Association Inc ($9.9m), Leviticus 25-23 Alternative Fund Inc ($9.9m) and Good Shepherd Home Ltd ($9.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $32k (0.3% of expenses). Other salaries and wages came to $212k. At year end it held assets of $628k against liabilities of $2,897, net assets of $625k. It reported 14 employees.