Bread for Life Senior Pantry

Analysis

Bread for Life Senior Pantry is a registered charity in United States, based in Wilmington, NC. It received its IRS tax-exemption ruling in April 2019, 7 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, Bread for Life Senior Pantry reported income of $78k and spending of $92k, spending 118% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $75k to $78k (+4.3%), an average of +4.3% a year. Over the whole period it spent 136% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Bread for Life Senior Pantry sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 28th percentile within NC. Charities of a similar size with the same main cause include Pathways of Southwestern Pennsylvania Inc ($78k), Heartland Citizen Advocacy ($78k) and The United Christian Community Association Incorporated ($78k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $33k against liabilities of $0, net assets of $33k.