Loaves & Fishes Family Kitchen

Analysis

Loaves & Fishes Family Kitchen is a registered charity in United States, based in San Jose, CA. It received its IRS tax-exemption ruling in December 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 June 2023, Loaves & Fishes Family Kitchen reported income of $7.5m and spending of $8.2m, spending 109% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $11.4m to $7.5m (-34%), an average of -13% a year. The sharpest change came in the year to June 2022, when income rose by 61%. Over the whole period it spent 82% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Loaves & Fishes Family Kitchen sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within CA. Charities of a similar size with the same main cause include Safe House Ministries Inc ($7.5m), Virginia Home for Boys and Girls ($7.5m) and Alger-Marquette Community Action Board ($7.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 95% and program service revenue 5.0% of the total. Compensation of current officers, directors and key employees was $381k (4.7% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $12.3m against liabilities of $4.4m, net assets of $7.8m. It reported 31 employees.