Project Bread - the Walk For Hunger Inc
Only null% goes to programs Strong reserves
Project Bread - the Walk For Hunger Inc is a 501(c)(3) organization based in East Boston, Massachusetts, registered in 1987, with $17,302,578 in FY2024 revenue. CharityIndex grades it B.
145 Border St 2nd Floor, East Boston, MA, 02128 EIN 04-2931195 Since 1987
Revenue (FY2024)
$17.3M
▼ 1.9% vs prior year
Food & Agriculture median: $197K
Expenses (FY2024)
$17.2M
Net assets
$11.1M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
★★★★
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 Project Bread - the Walk For Hunger 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 rating8 mo reserves · +0% 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 Project Bread - the Walk For Hunger Inc: 8 mo reserves · +0% 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 Project Bread - the Walk For Hunger Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 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 Project Bread - the Walk For Hunger Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 145 Border St 2nd Floor, East Boston, MA, 02128
- City
- East Boston
- State
- Massachusetts
- Category
- Food, Agriculture & Nutrition
- Subcategory
- Food Programs & Banks
- Website
- …
Financial trends
Revenue grew from $7.0M (FY2013) to $17.3M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $2.1MNet assets $11.1M
Operating margin
0.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$13.1M
Total liabilities
$2.1M
Net assets
$11.1M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $17,302,578▼1.9% | $17,245,619▼2.9% | $11,060,943▲2.1% | $13,128,439▼1.7% | 990 |
| 2023 | $17,644,248▼3.5% | $17,764,450▼0.9% | $10,833,262▲1.4% | $13,357,678▼1.5% | 990 |
| 2022 | $18,284,713▲21.1% | $17,932,536▲24.1% | $10,681,534▲4.3% | $13,555,796▲13.5% | 990 |
| 2021 | $15,098,686▲14.5% | $14,454,268▲28.6% | $10,238,697▲5.6% | $11,948,413▲3.5% | 990 |
| 2020 | $13,189,377▲14.2% | $11,237,098▲59.7% | $9,692,896▲25.2% | $11,544,995▲15.6% | 990 |
| 2019 | $11,545,645▲87.0% | $7,036,098▲17.5% | $7,740,617▲140% | $9,990,939▲113% | 990 |
| 2018 | $6,172,778▲2.7% | $5,988,891▲2.7% | $3,231,070▲6.0% | $4,681,664▲2.9% | 990 |
| 2017 | $6,013,151▲11.0% | $5,830,965 | $3,047,183▲6.4% | $4,550,764▲3.6% | 990 |
| 2016 | $5,416,280▼15.3% | $5,832,043▼6.5% | $2,864,997▼12.7% | $4,392,543▼9.8% | 990 |
| 2015 | $6,397,870▼4.3% | $6,239,302▼5.3% | $3,280,760▲3.6% | $4,869,760▲0.8% | 990 |
| 2014 | $6,683,372▼4.0% | $6,586,963▼14.9% | $3,167,844▲3.1% | $4,829,406▼0.7% | 990 |
| 2013 | $6,963,556 | $7,739,743▼4.7% | $3,071,434▼20.2% | $4,865,606▼14.8% | 990 |
| 2012 | — | $8,117,767▲2.9% | $3,847,621▼17.1% | $5,711,258▼10.5% | 990 |
| 2011 | — | $7,886,890▲3.1% | $4,640,701▼5.6% | $6,379,396▼4.2% | 990 |
| 2010 | — | $7,652,003▲11.9% | $4,913,461▲18.5% | $6,662,214▲11.4% | 990 |
| 2009 | — | $6,837,952 | $4,147,873 | $5,980,307 | 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 · $11.9M total
136 grants to Project Bread - the Walk For Hunger Inc totaling $11.9M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| American Online Giving Foundation Inc | General support | 2024 | $55,358 |
| Paypal Charitable Giving Fund | General support | 2024 | $17,515 |
| Fiduciary Charitable Foundation | Donations | 2024 | $12,500 |
| Jewish Communal Fund | In furtherance of grantee's tax-exempt purpose | 2024 | $10,000 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $10,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $642,233 |
| The Chicago Community Trust | General support for programs, operations and other charitable purposes | 2023 | $153,000 |
| Dana-farber Cancer Institute | Community support | 2023 | $99,834 |
| National Philanthropic Tr | Health | 2023 | $84,300 |
| Boston Foundation Inc | Operating support/annual fund | 2023 | $82,243 |
| Donor Advised Charitable Giving | Human services | 2023 | $76,105 |
| Combined Jewish Philanthropies of Greater Boston Inc | Daf - social services | 2023 | $69,138 |
| American Online Giving Foundation Inc | General support | 2023 | $66,831 |
| Boston Foundation Inc | Emergency support | 2023 | $51,000 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2023 | $23,500 |
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Frequently asked questions
- Is Project Bread - the Walk For Hunger Inc a legitimate nonprofit?
- Yes. Project Bread - the Walk For Hunger Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 04-2931195, based in East Boston, Massachusetts. Donations are tax-deductible.
- What is Project Bread - the Walk For Hunger Inc's EIN?
- Project Bread - the Walk For Hunger Inc's Employer Identification Number (EIN) is 04-2931195.
- How much revenue does Project Bread - the Walk For Hunger Inc report?
- Project Bread - the Walk For Hunger Inc reported $17,302,578 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Project Bread - the Walk For Hunger Inc have?
- CharityIndex grades Project Bread - the Walk For Hunger Inc B, based on financial health (reserves and operating margin).
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Data for Project Bread - the Walk For Hunger Inc (EIN 04-2931195) 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.