Saint Anthonys Bread Basket Inc

Analysis

Saint Anthonys Bread Basket Inc is a registered charity in United States, based in Fresno, CA. It received its IRS tax-exemption ruling in August 2022, 4 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 January 2024, Saint Anthonys Bread Basket Inc reported income of $89k and spending of $107k, spending 121% of what it took in. Across the 4 years on record, from January 2021 to January 2024, income grew from $2,799 to $89k (+3065%), an average of +216% a year. The sharpest change came in the year to January 2024, when income rose by 2737%. Over the whole period it spent 159% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Saint Anthonys Bread Basket Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 36th percentile within CA. Charities of a similar size with the same main cause include Minneluzahan Senior Citizens Center ($89k), Willacy County Livestock Show Fair & Auction ($89k) and Riverside First Step Foundation Inc ($89k).

On its Form 990 for the period ending January 2024, revenue came from contributions and grants 99% of the total. At year end it held assets of $2.0m against liabilities of $0, net assets of $2.0m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.