Bread Of The Mighty Food Bank Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 17,187,446 | 15,995,967 | 1,191,479 | 1.7 | 5% |
| 2021 | 14,593,283 | 13,788,959 | 804,324 | 2.7 | 7% |
| 2022 | 7,080,178 | 8,542,139 | −1,461,961 | 4.5 | 11% |
| 2023 | 6,120,304 | 7,499,207 | −1,378,903 | 2.9 | 6% |
In its most recent public year (2023), this organization spent $1,378,903 more than it brought in. Its reserves stood at about 2.9 months of spending, up from 1.7 in 2020. Staff pay was 6% of spending.
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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