Loaves and Fishes New Haven Inc

Analysis

Loaves and Fishes New Haven Inc is a registered charity in United States, based in New Haven, CT. It received its IRS tax-exemption ruling in July 2019, 7 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, Loaves and Fishes New Haven Inc reported income of $360k and spending of $357k, spending 99% of its income. Across the 4 years on record, from December 2020 to December 2023, income fell from $430k to $360k (-16%), an average of -5.8% a year. Over the whole period it spent 89% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Loaves and Fishes New Haven Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 62nd percentile within CT. Charities of a similar size with the same main cause include Midwest Outdoors Unlimited Inc ($359k), Impact Oklahoma Inc ($360k) and Global Mother Divine Organization-Usa ($359k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $27k (7.6% of expenses). Other salaries and wages came to $26k. At year end it held assets of $263k against liabilities of $0, net assets of $263k. It reported 3 employees.