Thy Bread Foundation

Analysis

Thy Bread Foundation is a registered charity in United States, based in Metter, GA. It received its IRS tax-exemption ruling in October 2021, 5 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Thy Bread Foundation reported income of $696k and spending of $757k, spending 109% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $202k to $696k (+245%), an average of +86% a year. The sharpest change came in the year to December 2022, when income rose by 105%. Over the whole period it spent 85% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Thy Bread Foundation sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 79th percentile within GA. Charities of a similar size with the same main cause include American Friends of the Centre Pompidou Inc ($694k), Corporate Accountability Lab ($696k) and Narrow Gate Efl Inc ($693k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $194k against liabilities of $0, net assets of $194k.