Loaves and Fishes of Contra Costa

Analysis

Loaves and Fishes of Contra Costa is a registered charity in United States, based in Martinez, CA. It received its IRS tax-exemption ruling in April 1984, 42 years ago. 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 2023, Loaves and Fishes of Contra Costa reported income of $2.2m and spending of $2.6m, spending 116% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.7m to $2.2m (+30%), an average of +6.7% a year. The sharpest change came in the year to June 2021, when income rose by 31%. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Loaves and Fishes of Contra Costa sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within CA. Charities of a similar size with the same main cause include Associated School Boards of South Dakota ($2.2m), Center for Prevention Services ($2.2m) and Sage Collegiate PCS ($2.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% and program service revenue 0.7% of the total. Compensation of current officers, directors and key employees was $147k (5.7% of expenses). Other salaries and wages came to $852k. At year end it held assets of $2.9m against liabilities of $127k, net assets of $2.8m. It reported 38 employees.