Our Daily Bread Ministries Trust
Grand Rapids, Michigan
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Above Average
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $830,945↓43% | $304,573↓73% | $6,542,052↓9% | — |
| 2022 | $1,460,168↑71% | $1,139,883↓52% | $7,216,687↓3% | — |
| 2021 | $852,393↓23% | $2,380,543↑348% | $7,408,738↑23% | — |
| 2020 | $1,107,259↑100% | $531,940↑12% | $6,008,265↓13% | — |
| 2019 | $554,144↑8% | $473,401↓14% | $6,922,578↓3% | — |
| 2018 | $510,981↑17% | $553,076↓23% | $7,153,381 | — |
| 2017 | $435,369↓26% | $722,310↑85% | $7,169,555↑4% | — |
| 2016 | $585,598↓45% | $390,211↓37% | $6,866,251↓3% | — |
| 2015 | $1,072,373↑66% | $614,532↓31% | $7,082,377↓1% | — |
| 2014 | $644,989↑76% | $887,314↑38% | $7,163,400↑5% | — |
| 2013 | $366,259↓15% | $642,505↑73% | $6,799,767↑4% | — |
| 2012 | $430,630↓68% | $372,353↓77% | $6,510,154↓1% | — |
| 2011 | $1,340,918 | $1,611,965 | $6,595,490 | — |
Frequently Asked Questions
What does Our Daily Bread Ministries Trust do?▼
Our Daily Bread Ministries Trust is a religion-related nonprofit organization based in Michigan. It is classified under NTEE code X20Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Our Daily Bread Ministries Trust financially healthy?▼
Based on our 9-metric Financial Health Score model, Our Daily Bread Ministries Trust has a score of 55/100 (Grade: B). 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 Trust generate?▼
Our Daily Bread Ministries Trust reports $727K in annual revenue and holds $7.7M in total assets, based on IRS filings.
Similar Organizations
Explore more organizations in the Religion-Related category, or browse all nonprofits in Michigan.