Traveling Loaves & Fishes Inc

Analysis

Traveling Loaves & Fishes Inc is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in October 2022, 4 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, Traveling Loaves & Fishes Inc reported income of $75k and spending of $47k, leaving 37% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $50k to $75k (+52%), an average of +52% a year. The sharpest change came in the year to December 2023, when income rose by 52%. Over the whole period it spent 80% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Traveling Loaves & Fishes Inc sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 31st percentile within TX. Charities of a similar size with the same main cause include Roundabout Runners Club Inc ($75k), Family Connection & Cis of Wash ($75k) and Greene County Future Fund ($75k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 67% of the total. At year end it held assets of $182k against liabilities of $1,091, net assets of $181k.