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Our Daily Bread Ministries Foundation

Grand Rapids, MI / EIN 38-3447967 / Form 990 / latest filing 2023
Operating record · U.S. dollars
Fiscal yearRevenueExpensesNetReserve mo.Staff %
20114,406,110312,6014,093,509590.50%
20122,101,573844,7321,256,841236.10%
20133,420,8581,640,0081,780,850139.00%
20143,237,6961,495,5971,742,099172.00%
20155,755,7682,489,4253,266,343111.30%
20162,758,6582,309,497449,161119.80%
20174,159,9474,184,608−24,66168.50%
20183,614,8256,102,643−2,487,81843.10%
20194,187,0514,063,878123,17365.00%
20204,175,0635,970,973−1,795,91037.90%
20215,116,065157,5934,958,4722081.60%
20227,896,868924,6306,972,238443.70%
20237,760,3836,796,178964,20559.20%

In its most recent public year (2023), this organization brought in $964,205 more than it spent. Its reserves stood at about 59.2 months of spending, down from 590.5 in 2011. Staff pay was 0% of spending. $33,538,349 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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