Bread for Israel Inc

Analysis

Bread for Israel Inc is a registered charity in United States, based in Lake Success, NY. It received its IRS tax-exemption ruling in May 2018, 8 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Bread for Israel Inc reported income of $209k and spending of $174k, spending 83% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.4m to $209k (-91%), an average of -46% a year. The sharpest change came in the year to December 2021, when income dropped by 73%. Over the whole period it spent 99% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Bread for Israel Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 52nd percentile within NY. Charities of a similar size with the same main cause include House of Hope Foundation Inc ($208k), Care Africa ($209k) and Hands of Mercy International ($208k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $54k against liabilities of $0, net assets of $54k.