Inter-Church Council of Greater New Bedford Inc

Analysis

Inter-Church Council of Greater New Bedford Inc is a registered charity in United States, based in New Bedford, MA. It received its IRS tax-exemption ruling in July 1965, 61 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 December 2023, Inter-Church Council of Greater New Bedford Inc reported income of $414k and spending of $357k, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $411k to $414k (+0.7%), an average of +0.2% a year. The sharpest change came in the year to December 2021, when income dropped by 51%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Inter-Church Council of Greater New Bedford Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 68th percentile within MA. Charities of a similar size with the same main cause include C & L a Support Service Inc ($414k), Senior Citizens Building ($414k) and Blueberry Express Daycare Inc ($414k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 61% and program service revenue 8.8% of the total. Compensation of current officers, directors and key employees was $82k (23% of expenses). Other salaries and wages came to $111k. At year end it held assets of $987k against liabilities of $11k, net assets of $975k. It reported 13 employees.