Our Daily Bread of Tangipahoa

Analysis

Our Daily Bread of Tangipahoa is a registered charity in United States, based in Hammond, LA. It received its IRS tax-exemption ruling in August 1999, 27 years ago. Its declared purposes cover human services, 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, Our Daily Bread of Tangipahoa reported income of $5.6m and spending of $5.6m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.2m to $5.6m (+75%), an average of +15% a year. The sharpest change came in the year to December 2021, when income rose by 30%. 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, Our Daily Bread of Tangipahoa sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 92nd percentile within LA. Charities of a similar size with the same main cause include Safe Harbor Inc ($5.6m), Berkeley Therapy Institute ($5.6m) and Unity Shoppe Inc ($5.6m).

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 $75k (1.3% of expenses). Other salaries and wages came to $164k. At year end it held assets of $1.4m against liabilities of $12k, net assets of $1.4m. It reported 15 employees.