Bread of Life Inc
Only null% goes to programs Strong reserves Growing revenue
Bread of Life Inc is a 501(c)(3) organization based in Brevard, North Carolina, registered in 2001, with $1,524,877 in FY2025 revenue. CharityIndex grades it C+.
238 S Caldwell St, Brevard, NC, 28712 EIN 56-2053857 Since 2001
Revenue (FY2025)
$1.5M
▲ 199.8% vs prior year
Food & Agriculture median: $197K
Expenses (FY2025)
$487K
Net assets
$2.1M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Bread of Life Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating52 mo reserves · +68% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Bread of Life Inc: 52 mo reserves · +68% margin earns a A on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Bread of Life Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Bread of Life Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- 238 S Caldwell St, Brevard, NC, 28712
- City
- Brevard
- State
- North Carolina
- Category
- Food, Agriculture & Nutrition
- Subcategory
- Food Programs & Banks
Financial trends
Revenue grew from $167K (FY2013) to $1.5M (FY2025) across 13 reported years.
Financial snapshot
Financial health & position (FY2025)
Liabilities $167KNet assets $2.1M
Operating margin
68.1%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$2.3M
Total liabilities
$167K
Net assets
$2.1M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2025 | $1,524,877▲200% | $486,967▲58.7% | $2,095,310▲98.3% | $2,262,770▲84.6% | 990 |
| 2024 | $508,582▲47.3% | $306,913▲28.3% | $1,056,830▲23.6% | $1,225,474▲18.9% | 990 |
| 2023 | $345,217▲8.5% | $239,278▼10.5% | $855,161▲14.1% | $1,030,684▲37.1% | 990 |
| 2022 | $318,124▲7.4% | $267,311▲56.5% | $749,222▲7.3% | $752,041▲7.2% | 990 |
| 2021 | $296,216▼25.0% | $170,761▲1.3% | $698,449▲21.9% | $701,297▲21.9% | 990 |
| 2020 | $394,914▲134% | $168,586▲3.7% | $572,995▲65.3% | $575,094▲64.7% | 990 |
| 2019 | $168,801▲10.7% | $162,520▲0.2% | $346,666▲1.8% | $349,116▲2.0% | 990EZ |
| 2018 | $152,531▼23.0% | $162,126▲23.7% | $340,385▼2.7% | $342,410▼2.8% | 990EZ |
| 2017 | $198,085▲40.4% | $131,089▲7.7% | $349,980▲23.7% | $352,421▲23.8% | 990EZ |
| 2016 | $141,099▼5.5% | $121,683▼5.9% | $282,984▲7.4% | $284,628▲7.3% | 990EZ |
| 2015 | $149,385▼8.3% | $129,324▼20.8% | $263,572▲8.2% | $265,149▲8.5% | 990EZ |
| 2014 | $162,979▼2.2% | $163,210▲37.2% | $243,537▼0.1% | $244,481▼9.2% | 990EZ |
| 2013 | $166,593 | $118,926▲5.3% | $243,768▲24.3% | $269,383▲11.9% | 990EZ |
| 2012 | — | $112,924▲13.4% | $196,101▲10.4% | $240,706▼11.5% | 990 |
| 2011 | — | $99,580▲14.6% | $177,643▲19.8% | $271,855▲4.7% | 990 |
| 2010 | — | $86,926 | $148,297 | $259,603 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Grants received · $952K total
24 grants to Bread of Life Inc totaling $952K, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| The Community Foundation of Western North Carolina Inc | Assisting people in need | 2024 | $21,000 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $20,000 |
| T Rowe Price Program For Charitable Giving Inc | Multiple | 2024 | $11,000 |
| Manna Food Bank | — | 2024 | $7,999 |
| Bny Mellon Charitable Gift Fund | To further the organization's exempt purpose | 2024 | $6,000 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2023 | $10,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $5,700 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2022 | $10,000 |
| Manna Food Bank | Food distribution | 2022 | $7,158 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2022 | $5,570 |
| The Community Foundation of Western North Carolina Inc | Assisting people in need | 2021 | $11,500 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2020 | $32,000 |
| Manna Food Bank | Food distribution | 2020 | $27,294 |
| Manna Food Bank | Food distribution | 2020 | $27,294 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2020 | $7,800 |
Similar organizations in Food & Agriculture
Food & Agriculture
Blue Ridge Women In Agriculture
Boone, NC
$1.5M
Bannual revenue
Food & Agriculture
The Harvest Center of Charlotte Inc
Charlotte, NC
$1.5M
Dannual revenue
- Food & Agriculture
Nutrition Plus Inc
Goldsboro, NC
$1.4M
Cannual revenue
Food & Agriculture
Community Table Inc
Sylva, NC
$1.4M
Bannual revenue
- Food & Agriculture
Ripe For Revival
Rocky Mount, NC
$1.4M
C+annual revenue
Food & Agriculture
Porch Inc
Chapel Hill, NC
$1.6M
Bannual revenue
Food & Agriculture
Lmc Children Services Inc
Charlotte, NC
$1.4M
Bannual revenue
Food & Agriculture
Clemmons Food Pantry Inc
Clemmons, NC
$1.4M
Bannual revenue
- Food & Agriculture
Abundant Giving
Castle Hayne, NC
$1.3M
annual revenue
Food & Agriculture
Share the Table Inc
Hampstead, NC
$1.8M
Bannual revenue
Compare Bread of Life Inc
Frequently asked questions
- Is Bread of Life Inc a legitimate nonprofit?
- Yes. Bread of Life Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 56-2053857, based in Brevard, North Carolina. Donations are tax-deductible.
- What is Bread of Life Inc's EIN?
- Bread of Life Inc's Employer Identification Number (EIN) is 56-2053857.
- How much revenue does Bread of Life Inc report?
- Bread of Life Inc reported $1,524,877 in total revenue on its fiscal year 2025 IRS Form 990 filing.
- What financial grade does Bread of Life Inc have?
- CharityIndex grades Bread of Life Inc C+, based on financial health (reserves and operating margin).
More nonprofits in Brevard
Explore more
Data for Bread of Life Inc (EIN 56-2053857) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.