Our Daily Bread Ministries Foundation
Grand Rapids, Michigan
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Very Good
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $7,760,383↓2% | $6,796,178↑635% | $33,562,452↓2% | |
| 2022 | $7,896,868↑54% | $924,630↑487% | $34,200,268↑25% | — |
| 2021 | $5,116,065↑23% | $157,593↓97% | $27,347,541↑45% | — |
| 2020 | $4,175,063 | $5,970,973↑47% | $18,844,179↓14% | — |
| 2019 | $4,187,051↑16% | $4,063,878↓33% | $22,032,684 | — |
| 2018 | $3,614,825↓13% | $6,102,643↑46% | $21,924,223↓8% | — |
| 2017 | $4,159,947↑51% | $4,184,608↑81% | $23,899,789↑4% | — |
| 2016 | $2,758,658↓52% | $2,309,497↓7% | $23,060,229 | — |
| 2015 | $5,755,768↑78% | $2,489,425↑66% | $23,106,586↑8% | — |
| 2014 | $3,237,696↓5% | $1,495,597↓9% | $21,464,317↑13% | — |
| 2013 | $3,420,858↑63% | $1,640,008↑94% | $19,003,467↑14% | — |
| 2012 | $2,101,573↓52% | $844,732↑170% | $16,655,711↑8% | — |
| 2011 | $4,406,110 | $312,601 | $15,416,713 | — |
Frequently Asked Questions
What does Our Daily Bread Ministries Foundation do?▼
Our Daily Bread Ministries Foundation is a religion-related nonprofit organization based in Michigan. It is classified under NTEE code X120 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Our Daily Bread Ministries Foundation financially healthy?▼
Based on our 9-metric Financial Health Score model, Our Daily Bread Ministries Foundation has a score of 76/100 (Grade: A-). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.
How much revenue does Our Daily Bread Ministries Foundation generate?▼
Our Daily Bread Ministries Foundation reports $9.4M in annual revenue and holds $29.5M in total assets, based on IRS filings.
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