CSCharityScored
55

Bread Of Life Ministries Inc

Human Services · Augusta, Maine

159 Water Street, Augusta, ME 04330-4754

EIN: 222717615· Founded: Apr 1987· 39 years active· Filing Year: 2023

Annual Revenue

$2.2M

Total Expenses

$2.0M

Total Assets

$5.0M

Program Spending

40%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$117K

6.0% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$626K

Total Payroll

$743K

38% of total expenses

Where the Money Goes

40%
Programs: 40%
Payroll: 38%
Other overhead: 61%
Program Revenue$771K (35%)
Total Expenses$2.0M (89%)
Payroll$743K (38%)
Overhead (non-program)61%

Trust Score Breakdown

Program Spending Ratio

40% of expenses go to programs

40%

Revenue & Stability

$2.2M annual revenue

15%

Executive Compensation

$117K total officer comp (6.0% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$5.0M in assets

10%

Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.