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California · Nonprofit

THE BREAD PROJECT

THE BREAD PROJECT (California) receives grants from 25 organizations whose IRS filings report $2,320,288 to it, the largest being TIPPING POINT COMMUNITY ($630,000). 15 of them have funded it in more than one year.

Revenue FY2025
$732k
Funders on record
25
Grants received
$2.3M
Net assets
$54k
15/25 repeat funderspeak grant-dependency 54%
01What it does

What The Bread Project does

Mission

When adults have a second chance and are able to make a successful transition to employment and have ongoing access to further education to increase their economic opportunities, they improve not only their own lives but those of their families and communities, for generations to come.

As stated on its FY2025 Form 990.

Programs

  1. Between july 1, 2024, and june 30, 2025, The Bread Project enrolled 94 low-income individuals and graduated 78 over a period of nine food prep & baking job training & placement program sessions. Each program session is 5 weeks long and provides 150 hours of instruction, with 9 cohorts of 1014 participants. With 78 graduates at 150 hours each, this represents a combined 9,100 hours of individualized instruction. 100% of participants were low-income, 95% were unemployed upon enrollment, and 38% were receiving some form of public benefits. Graduates faced significant barriers to employment: 62% lacked permanent housing, 87% had a high school diploma or ged as their highest level of education, 3% were reentry or justice-involved, 32% were immigrants or refugees, and 6% had a disability.for employment, 81% of graduates seeking employment were hired within 3060 days of graduation, 87% were still employed after 90 days, and the average wage was $23.99 per hour.demographics: 48% female, 52% male. Racial/ethnic composition: black/african american 49%, hispanic/latino(a) 16%, asian/pacific islander 17%, middle eastern 6%, white/caucasian 4%, multiracial 2%, american indian/native alaskan…

    $533,728 spent$121,889 earned by the program
    100% of program spending
  2. Our community meal program for the homeless and food insecure was on hold when our nonprofit partner operating a homeless shelter lost its food contract. We are making 50 meals per day for students and their family to bring home end of the day every day.

  3. Our entrepreneurs incubator program provided 4 entrepreneurs and their food startups with training in food handling, recipe and production scaling, and business planning, as well as kitchen space for their operations.

The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $533,728.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($714k) Expenses 100 ($778k) Net assets 100 ($175k)2018 Revenue 135 ($964k) Expenses 123 ($960k) Net assets 103 ($180k)2019 Revenue 142 ($1.0M) Expenses 135 ($1.1M) Net assets 83 ($145k)2020 Revenue 127 ($909k) Expenses 118 ($917k) Net assets 78 ($136k)2021 Revenue 78 ($554k) Expenses 83 ($646k) Net assets 25 ($44k)2022 Revenue 96 ($685k) Expenses 86 ($671k) Net assets 33 ($58k)2023 Revenue 97 ($694k) Expenses 86 ($671k) Net assets 46 ($81k)2024 Revenue 95 ($681k) Expenses 94 ($732k) Net assets 17 ($30k)2025 Revenue 102 ($732k) Expenses 91 ($708k) Net assets 31 ($54k)
'17'18'19'20'21'22'23'24'25
Revenue (102)Expenses (91)Net assets (31)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $214k to $394k (+84%).

$348k
$397k
$300k
$357k
$298k
$214k
$394k
$248k
$187k
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 9% · 2018 6% · 2019 9% · 2020 7% · 2021 33% · 2022 53% · 2023 13% · 2024 22% · 2025 43%. Grants only. Government contracts and fees sit inside program revenue.

83% of THE BREAD PROJECT’s revenue is contributions — more donation-reliant than the typical peer (54% for the typical peer).

This organization
Typical peer · 2,338 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 5 of the last 9 reported years ran a deficit.

−$63k
’17
$5k
’18
−$35k
’19
−$9k
’20
−$92k
’21
$14k
’22
$23k
’23
−$52k
’24
$25k
’25
2.2
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Board chair

Jacqueline Karkasis MSW

Board President

As listed on its FY2025 Form 990.

The chief executive listed changed between the FY2017 and FY2018, and between the FY2019 and FY2020 filings.

'17'18'19'20'21'22'23'24'25
Listed7810111112121315
Joined·+2+6+1+3+2+6+3+2
No longer listed·14031620
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 5 funders to 11 funders, grant income fell $383k → $336k.

6 of 25 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 18% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of THE BREAD PROJECT’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

THE BREAD PROJECT leans on a few funders — its largest provides 27% of grant income and the top three 66%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

82% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund THE BREAD PROJECT.

27%
largest funder
66%
top three
~6
effective funders

Largest funder’s share by year: 2017 46% · 2018 39% · 2019 42% · 2020 38% · 2021 44% · 2022 25% · 2023 45% — broadly stable.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

45% of THE BREAD PROJECT's funders are still giving 3 years after their first grant; 60% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

98% of THE BREAD PROJECT's grant income comes from California funders.

WA
MI
NY
MA
CA
DE

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
California out of state home

Funder states come from each funder’s own filing. $426k arriving through sponsors registered in 5 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

THE BREAD PROJECT receives grants from 25 organizations whose IRS filings report $2.3M to it.

Operating margin3% · below the median
Months of reserve2.2mo · bottom quartile
Revenue growth (annualized)0% · below the median

this organization peer median middle 50% of peers· 1,448 employment nonprofits $100k–$1M, FY2025

Organizations like THE BREAD PROJECT

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In California

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

75% of spending goes to programs.

Program 75%Management 8%Fundraising 16%

Governance

14
board members
100%
independent
✓Conflict-of-interest policy–Whistleblower policy–Document retention✓Board reviewed the 990–Audited financials

Footprint & structure

Files a return copy in 1 state

CA

Screen this organization

A dated, signed PDF of the compliance screen for THE BREAD PROJECT: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds THE BREAD PROJECT?
THE BREAD PROJECT (California) receives grants from 25 organizations whose IRS filings report $2,320,288 to it, the largest being TIPPING POINT COMMUNITY ($630,000). 15 of them have funded it in more than one year.
How many funders does THE BREAD PROJECT have?
IRS filings report 25 organizations giving $2,320,288 in grants to THE BREAD PROJECT, 15 of which have funded it in more than one year.
Who is the largest funder of THE BREAD PROJECT?
TIPPING POINT COMMUNITY is the largest funder on record, with $630,000 in grants. The full list of funders is on this page.
How can an organization like THE BREAD PROJECT find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in California. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Bread Project →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 25 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing