Bread of Life Giving and Sharing Inc

Analysis

Bread of Life Giving and Sharing Inc is a registered charity in United States, based in Ava, MO. It received its IRS tax-exemption ruling in September 2017, 9 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Bread of Life Giving and Sharing Inc reported income of $342k and spending of $333k, spending 97% of its income. Across the 5 years on record, from December 2018 to December 2023, income grew from $184k to $342k (+86%), an average of +17% a year. The sharpest change came in the year to December 2019, when income rose by 48%. 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, Bread of Life Giving and Sharing Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 61st percentile within MO. Charities of a similar size with the same main cause include Lincoln YWCA ($342k), Bukhariy Community Center Brooklyn Ny Inc ($342k) and Faces of Courage Foundation ($342k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 20% and program service revenue 80% of the total. At year end it held assets of $21k against liabilities of $0, net assets of $21k.