Bread For The World Inc

Nonprofit profile at a glance

EIN
132803276
IRS 990 coverage
2011–2025
Forms available
Form 990 2025
Location
Washington, DC, USA
Phone
2026399400
Rating
82
Verdict
STRONG
Rating confidence
Standard

Official website

Reported finances

Revenue
$7,361,961
Expenses
$7,354,608
Assets
$14,336,959
Liabilities
$2,827,178

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

42 people listed

Executive titles in this filing

  • Eugene Cho (President/CEO)

Highest reported compensation

  • Eugene Cho (President/CEO): $403,333 total reported compensation
  • Heather Taylor (Managing Director): $256,075 total reported compensation
  • Edward Kaufholz (Director): $193,445 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To advocate for changes in policies, programs and conditions that allow hunger and poverty to persist, both in the United States and around the world.

What it reported doing in 2025

Public Education: The Offering of Letters (OL) is Bread for the World's primary activist tool. The OL is a powerful concept, where churches and community groups learn about hunger-related concerns and organize letter-writing to educate their Congressional representatives about policies to end hunger. These letters and emails from congregations, campuses, and community groups help inspire Congressional leaders to change policies and programs to reduce hunger in the U.S. and around the world. (To be continued in Schedule O)

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 76
  • Transparency & Controls: 85
  • Accountability: 98
  • Sustainability: 36
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 83.6%; rating input score 84
  • Program expense ratio: 81.5%; rating input score 81
  • Fundraising efficiency: $6.43 raised per $1 spent on fundraising; rating input score 21; 21st percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: 3 of 6 controls in place; rating input score 50
    • Compensation committee: Missing
    • Independent consultant: Pass
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Yes; rating input score 100

Accountability

  • Independent voting board: 97.2%; rating input score 97; 26th percentile among comparable filings
  • Governance controls: 9 of 9 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 0.1%; rating input score 27; 27th percentile among comparable filings
  • Total-asset coverage ratio: 1.95; rating input score 56; 56th percentile among comparable filings
  • Liabilities to assets ratio: 0.2; rating input score 35; 35th percentile among comparable filings
  • Officer compensation ratio: 12.8%; rating input score 26; 26th percentile among comparable filings

Growth

  • Program expense growth: 2.8% per year; rating input score 100; 23rd percentile among comparable filings
  • Revenue growth: 1.6% per year; rating input score 100; 14th percentile among comparable filings
  • Asset growth: 8.5% per year; rating input score 100; 51st percentile among comparable filings

Details

  • Where the money goes: 83.6% of revenue deployed · 81.5% of spending went to programs
  • Governance: 35 of 36 board members independent · 9 of 9 filing controls reported
  • Programs: 3 filed program accomplishments · $6M in reported program spending
  • Leadership: top reported pay $403K · 42 people listed · 3 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $2.3M reported
  • Consistency: 32 of 32 current checks pass
  • Schedules: 7 filed schedules · includes major donors, executive pay, and related organizations
  • Filing history: 15 filing years from 2011 to 2025
  • Contacts: How to reach this organization
  • Money network: 7 filed money-flow records
  • Related organizations: 1 filed related-organization link
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Fundraising efficiency scored 21/100.
  • High — Sustainability: Operating margin scored 27/100.
  • Review — Sustainability: Total-asset coverage ratio scored 56/100.
  • High — Sustainability: Officer compensation ratio scored 26/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 35/100.