Bread Of Life Ministries Of Albion
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 68,517 | 53,606 | 14,911 | 6.0 | — |
| 2015 | 62,799 | 56,529 | 6,270 | 7.0 | — |
| 2016 | 63,486 | 53,271 | 10,215 | 8.3 | — |
| 2017 | 60,893 | 54,564 | 6,329 | 45.5 | — |
| 2018 | 86,711 | 71,019 | 15,692 | 9.7 | — |
| 2021 | 60,893 | 51,201 | 9,692 | 17.9 | — |
| 2022 | 69,728 | 52,716 | 17,012 | 17.0 | — |
| 2023 | 99,077 | 87,779 | 11,298 | 11.7 | — |
In its most recent public year (2023), this organization brought in $11,298 more than it spent. Its reserves stood at about 11.7 months of spending, up from 6 in 2014.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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