Interfaith Social Services Inc

Analysis

Interfaith Social Services Inc is a registered charity in United States, based in Wollaston, MA. It received its IRS tax-exemption ruling in November 1968, 58 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Interfaith Social Services Inc reported income of $4.3m and spending of $4.3m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.1m to $4.3m (+106%), an average of +20% a year. The sharpest change came in the year to June 2020, when income rose by 31%. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Interfaith Social Services Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 90th percentile within MA. Charities of a similar size with the same main cause include Community Adolescent Resources and Education Center Inc ($4.3m), Hubbard Care Center Inc ($4.3m) and United Methodist Homes Inc ($4.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 94% and program service revenue 7.7% of the total. Compensation of current officers, directors and key employees was $149k (3.5% of expenses). Other salaries and wages came to $685k. At year end it held assets of $2.8m against liabilities of $244k, net assets of $2.6m. It reported 26 employees.