Fishes and Loaves Cooperative Ministries

Analysis

Fishes and Loaves Cooperative Ministries is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in October 2014, 12 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, Fishes and Loaves Cooperative Ministries reported income of $112k and spending of $90k, spending 80% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $67k to $112k (+67%), an average of +67% a year. The sharpest change came in the year to December 2023, when income rose by 67%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Fishes and Loaves Cooperative Ministries sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 38th percentile within PA. Charities of a similar size with the same main cause include MCK PDX Inc ($112k), Open Door Christian Homes Inc ($112k) and USA Parent to Parent ($112k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 88% of the total. At year end it held assets of $93k against liabilities of $0, net assets of $93k.