Interfaith Social Action Corp Interfaith Day Care Center

Analysis

Interfaith Social Action Corp Interfaith Day Care Center is a registered charity in United States, based in Danbury, CT. It received its IRS tax-exemption ruling in May 1970, 56 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, Interfaith Social Action Corp Interfaith Day Care Center reported income of $1.7m and spending of $1.4m, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.3m to $1.7m (+34%), an average of +7.6% a year. The sharpest change came in the year to December 2021, when income rose by 28%. Over the whole period it spent 89% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Interfaith Social Action Corp Interfaith Day Care Center sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 83rd percentile within CT. Charities of a similar size with the same main cause include Hope for New Haven Inc ($1.7m), Heartstrings Community Foundation ($1.7m) and Heartland Equine Therapeutic Riding Academy Inc ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 66% and program service revenue 30% of the total. Other salaries and wages came to $896k. At year end it held assets of $2.8m against liabilities of $11k, net assets of $2.8m. It reported 24 employees.