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Interfaith Center of Greater Philadelphia

RegisteredEIN 05-0597080Philadelphia, PAReligion
Income$713k2023-06
Spending$716ksame year
Spent / received93%5-year average
Size in its cause88th pctReligion
Exempt since2004Publicly supported organisat
Employees12latest return

Analysis

Interfaith Center of Greater Philadelphia is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in December 2004, 22 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 Center of Greater Philadelphia reported income of $713k and spending of $716k, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $587k to $713k (+21%), an average of +5.0% a year. The sharpest change came in the year to June 2023, when income rose by 44%. Over the whole period it spent 93% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Interfaith Center of Greater Philadelphia sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 74th percentile within PA. Charities of a similar size with the same main cause include Network211 ($712k), Global Evangelical Missions Society ($713k) and 2nd Mile Missions ($712k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 87% and program service revenue 15% of the total. Compensation of current officers, directors and key employees was $93k (13% of expenses). Other salaries and wages came to $409k. At year end it held assets of $621k against liabilities of $117k, net assets of $504k. It reported 12 employees.

Income and spending

$0$218k$437k$655k$873k2019 Income: $587,3312019 Spending: $633,67020192020 Income: $751,4902020 Spending: $562,64120202021 Income: $873,3632021 Spending: $610,82520212022 Income: $493,8892022 Spending: $652,52120222023 Income: $712,6892023 Spending: $716,1112023
IncomeSpending

Where the income comes from

  • Contributions & grants 85%
  • Program services 15%

Similar-sized charities, same cause

CharityLocationIncome
Network211Springfield$712k
Global Evangelical Missions SocietyCosta Mesa$713k
2nd Mile MissionsWinona Lake$712k
Drepung Loseling Institute of TexasHouston$713k