Bread of Life Mission Inc

Analysis

Bread of Life Mission Inc is a registered charity in United States, based in Midway, FL. It received its IRS tax-exemption ruling in September 2014, 12 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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 Mission Inc reported income of $632k and spending of $526k, spending 83% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $165k to $632k (+284%), an average of +284% a year. The sharpest change came in the year to December 2023, when income rose by 284%. Over the whole period it spent 87% 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 Mission Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 76th percentile within FL. Charities of a similar size with the same main cause include Franconia Childrens Center Inc ($632k), Matthew 25 40 Heartside Inc ($632k) and Boys & Girls Club of Orchard Park ($632k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $218k against liabilities of $0, net assets of $218k.