Loaves and Fishes

Analysis

Loaves and Fishes is a registered charity in United States, based in Clarksville, TN. It received its IRS tax-exemption ruling in January 1998, 28 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, Loaves and Fishes reported income of $962k and spending of $1.1m, spending 114% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.0m to $962k (-7.6%), an average of -2.0% a year. The sharpest change came in the year to December 2023, when income rose by 82%. Over the whole period it spent 70% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Loaves and Fishes sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 81st percentile within TN. Charities of a similar size with the same main cause include Jewish Family Service of Northeastern Pennsylvania ($962k), Paul Phillippe Resource Center Inc ($962k) and Justpartners Inc ($962k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 0.1% of the total. Other salaries and wages came to $182k. At year end it held assets of $3.3m against liabilities of $1.1m, net assets of $2.1m. It reported 16 employees.