Breaking Bread For Jesus Inc
EIN: 473775159 · Lyman, SC · NTEE: K35
| Metric | Value |
|---|---|
| Total Revenue | $152K |
| Total Expenses | $126K |
| Net Assets | $498K |
Is Breaking Bread For Jesus Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Breaking Bread For Jesus Inc
Breaking Bread For Jesus Inc (EIN: 473775159) is a nonprofit organization based in Lyman, SC, classified under NTEE code K35. The organization reported total revenue of $152K and total assets of $501K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Breaking Bread For Jesus Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Breaking Bread For Jesus Inc is a small nonprofit that has been operating for 11 years, with 9 years of IRS 990 filings on record (2015–2023). Revenue has grown at a compound annual rate of 44.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $132K |
| Total Expenses | $126K |
| Surplus / Deficit | +$6K |
| Total Assets | $498K |
| Net Assets | $498K |
| Operating Margin | 4.4% |
| Months of Reserves | 47.4 months |
Financial Health Grade: A
In 2023, Breaking Bread For Jesus Inc reported a surplus of $6K with revenue exceeding expenses, holds 47.4 months of operating reserves (strong position).
Financial Trends
Over 9 years of filings (2015–2023), Breaking Bread For Jesus Inc's revenue has grown at a compound annual growth rate (CAGR) of 44.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +22.7% | +3.8% | +1.2% |
| 2022 | -38.3% | +14.8% | -2.7% |
| 2021 | +57.0% | +349.4% | +15.6% |
| 2020 | +40.6% | +90.8% | +24.9% |
| 2019 | +52.1% | -53.5% | +23.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2015 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Breaking Bread For Jesus Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Breaking Bread For Jesus Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $6K, with revenue exceeding expenses.
Frequently Asked Questions about Breaking Bread For Jesus Inc
Is Breaking Bread For Jesus Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Breaking Bread For Jesus Inc (EIN: 473775159) insufficient data. 0 red flags identified, 0 strengths noted.
How does Breaking Bread For Jesus Inc spend its money?
Detailed spending breakdown data is not yet available for Breaking Bread For Jesus Inc. Check back for updated IRS 990 analysis.
Are donations to Breaking Bread For Jesus Inc tax-deductible?
Breaking Bread For Jesus Inc is registered as a tax-exempt nonprofit (EIN: 473775159). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Breaking Bread For Jesus Inc located?
Breaking Bread For Jesus Inc is headquartered in Lyman, South Carolina and files with the IRS under EIN 473775159. It is classified under NTEE code K35.
How many years of IRS 990 filings does Breaking Bread For Jesus Inc have?
Breaking Bread For Jesus Inc has 9 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $152K in total revenue.
Filing History
IRS 990 filing history for Breaking Bread For Jesus Inc showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2015–2023), Breaking Bread For Jesus Inc's revenue has grown by 1828.5%, moving from $7K to $132K. Total assets increased by 11209.2% over the same period, from $4K to $498K. Total functional expenses rose by 5073.3%, from $2K to $126K. In its most recent filing year (2023), Breaking Bread For Jesus Inc reported a surplus of $6K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $132K | $126K | $498K | $0 | — | View 990 |
| 2022 | $108K | $122K | $493K | $0 | — | View 990 |
| 2021 | $174K | $106K | $506K | $0 | — | View 990 |
| 2020 | $111K | $24K | $438K | $0 | — | — |
| 2019 | $79K | $12K | $351K | $0 | — | View 990 |
| 2018 | $52K | $27K | $284K | $0 | — | View 990 |
| 2017 | $60K | $14K | $259K | $0 | — | View 990 |
| 2016 | $220K | $12K | $213K | $0 | — | View 990 |
| 2015 | $7K | $2K | $4K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $132K, expenses of $126K, and assets of $498K (revenue +22.7% year-over-year).
- 2022: Revenue of $108K, expenses of $122K, and assets of $493K (revenue -38.3% year-over-year).
- 2021: Revenue of $174K, expenses of $106K, and assets of $506K (revenue +57.0% year-over-year).
- 2020: Revenue of $111K, expenses of $24K, and assets of $438K (revenue +40.6% year-over-year).
- 2019: Revenue of $79K, expenses of $12K, and assets of $351K (revenue +52.1% year-over-year).
- 2018: Revenue of $52K, expenses of $27K, and assets of $284K (revenue -12.9% year-over-year).
- 2017: Revenue of $60K, expenses of $14K, and assets of $259K (revenue -72.9% year-over-year).
- 2016: Revenue of $220K, expenses of $12K, and assets of $213K (revenue +3116.3% year-over-year).
- 2015: Revenue of $7K, expenses of $2K, and assets of $4K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Breaking Bread For Jesus Inc:
Data Sources and Methodology
This transparency report for Breaking Bread For Jesus Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.