5 Loaves and 2 Fish Outreach Ministry Inc

Analysis

5 Loaves and 2 Fish Outreach Ministry Inc is a registered charity in United States, based in Clymer, NY. It received its IRS tax-exemption ruling in February 2017, 9 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 December 2023, 5 Loaves and 2 Fish Outreach Ministry Inc reported income of $106k and spending of $142k, spending 134% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $103k to $106k (+2.3%), an average of +2.3% a year. Over the whole period it spent 109% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, 5 Loaves and 2 Fish Outreach Ministry Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 38th percentile within NY. Charities of a similar size with the same main cause include Helping Appalachian Rural Peoples ($106k), Family Safety Foundation ($106k) and Association of Migrant Educators Oftexas ($106k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 52% of the total. At year end it held assets of $97k against liabilities of $0, net assets of $97k.