Bread Of Life Ministries Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,228,889 | 1,269,214 | −40,325 | 20.4 | 45% |
| 2012 | 1,167,223 | 1,198,913 | −31,690 | 21.5 | 52% |
| 2013 | 1,352,181 | 1,416,710 | −64,529 | 18.2 | 48% |
| 2014 | 1,392,641 | 1,278,533 | 114,108 | 21.7 | 52% |
| 2015 | 1,327,159 | 1,426,188 | −99,029 | 19.4 | 41% |
| 2016 | 2,049,222 | 1,664,650 | 384,572 | 19.5 | 36% |
| 2017 | 1,422,077 | 1,654,748 | −232,671 | 18.4 | 39% |
| 2018 | 1,737,087 | 1,633,686 | 103,401 | 18.9 | 40% |
| 2019 | 1,878,313 | 1,833,176 | 45,137 | 17.8 | 39% |
| 2020 | 2,070,106 | 1,892,262 | 177,844 | 18.9 | 41% |
| 2021 | 1,959,262 | 1,810,533 | 148,729 | 21.2 | 42% |
| 2022 | 2,688,939 | 2,201,107 | 487,832 | 19.1 | 33% |
| 2023 | 2,206,340 | 1,953,545 | 252,795 | 24.0 | 38% |
In its most recent public year (2023), this organization brought in $252,795 more than it spent. Its reserves stood at about 24 months of spending, up from 20.4 in 2011. Staff pay was 38% of spending. $38,417 of its net assets are donor-restricted.
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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