Eternal Bread Ministry

Analysis

Eternal Bread Ministry is a registered charity in United States, based in Mason, TN. It received its IRS tax-exemption ruling in September 2020, 6 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Eternal Bread Ministry reported income of $170k and spending of $175k, spending 103% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $203k to $170k (-16%), an average of -16% a year. The sharpest change came in the year to December 2023, when income dropped by 16%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Eternal Bread Ministry sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 51st percentile within TN. Charities of a similar size with the same main cause include Pregnancy Crisis Center Inc ($170k), Down Syndrome Network of Montgomery County Inc ($170k) and Progressive Eldercare Services Drew Inc ($170k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $9,904. At year end it held assets of $0 against liabilities of $0, net assets of $0. It reported 1 employees.