Logo for "Bread of Life Inc"

Bread of Life Inc

Bread of Life Inc

Houston, TX, US
501(c)3
EIN
76-0386510
Logo for "Bread of Life Inc"

Bread of Life Inc

Houston, TX, US
501(c)3
EIN
76-0386510

Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024

$11,561,966

Contributions
74%
Government Grants
25%
Other
<1%
Investments
<1%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024

$15,499,450

Other
52%
Salaries & Benefits
23%
Grants
8%
Fees to Service Providers
6%
Offices, Occupancy & IT
5%
Interest
4%
Depreciation
1%
Advertising & Promotion
<1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$11,699,915
$8,574,391
-27%
Government Grants
$1,262,462
$2,928,439
+132%
Fundraising Events
$0
$0
-
Program Services
$34,082
$0
-100%
Membership Dues
$0
$0
-
Investments
$11,106
$1
-100%
Other
$201,435
$59,135
-71%
Total Revenues
$13,209,000
$11,561,966
-12%
Expenses
2023
2024
Change
Grants
$555,159
$1,220,154
+120%
Benefits to Members
$0
$0
-
Salaries & Benefits
$2,903,257
$3,539,013
+22%
Fees to Service Providers
$1,098,439
$945,593
-14%
Advertising & Promotion
$123,073
$133,579
+9%
Offices, Occupancy & IT
$962,499
$744,571
-23%
Interest
$307,516
$603,833
+96%
Depreciation
$202,066
$205,210
+2%
Other
$9,287,074
$8,107,497
-13%
Total Expenses
$15,439,083
$15,499,450
+0%
Net income
2023
2024
Change
Net income
-$2,230,083
-$3,937,484
-77%
Functional Expenses
Summary
2023
2024
Change
Program
$13,160,037
$12,538,931
-5%
Admin
$2,232,315
$2,855,519
+28%
Fundraising
$46,731
$105,000
+125%
Total Expenses
$15,439,083
$15,499,450
+0%
Income Statement
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