Bread of Life Mission of Holbrook Arizona
Analysis
Bread of Life Mission of Holbrook Arizona is a registered charity in United States, based in Holbrook, AZ. It received its IRS tax-exemption ruling in May 1997, 29 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 2021, Bread of Life Mission of Holbrook Arizona reported income of $306k and spending of $280k, spending 92% of its income. Across the 3 years on record, from December 2019 to December 2021, income grew from $250k to $306k (+22%), an average of +11% a year. Over the whole period it spent 92% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Bread of Life Mission of Holbrook Arizona sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 60th percentile within AZ. Charities of a similar size with the same main cause include James W McLaurin Testamentary Trust R78119006 ($306k), Old Faithful Christian Ranch Inc ($306k) and St Marys Housing Corporation Inc II ($306k).
On its Form 990 for the period ending December 2021, revenue came from contributions and grants 84% and program service revenue 8.9% of the total. Compensation of current officers, directors and key employees was $48k (17% of expenses). Other salaries and wages came to $73k. At year end it held assets of $257k against liabilities of $3,141, net assets of $254k. It reported 17 employees.
Income and spending
Where the income comes from
- Contributions & grants 84%
- Program services 8.9%
- Other 7.5%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| James W McLaurin Testamentary Trust R78119006 | Baton Rouge | $306k |
| Old Faithful Christian Ranch Inc | Idaho Falls | $306k |
| St Marys Housing Corporation Inc II | Wilmington | $306k |
| Ministerio Cristiano Pentecostes Bendicion de LA Roca Eterna | Palmdale | $306k |