Guilford Interfaith Ministries Inc
Analysis
Guilford Interfaith Ministries Inc is a registered charity in United States, based in Guilford, CT. It received its IRS tax-exemption ruling in March 1987, 39 years ago. 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 2024, Guilford Interfaith Ministries Inc reported income of $418k and spending of $372k, spending 89% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $318k to $418k (+31%), an average of +7.0% a year. The sharpest change came in the year to June 2024, when income rose by 21%. Over the whole period it spent 84% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Guilford Interfaith Ministries Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 65th percentile within CT. Charities of a similar size with the same main cause include Municipal Public Safety Comm Consortium of Palm Beach Cty Inc ($418k), Pioneer House Inc ($418k) and Sandusky Valley Domestic Violence Shelter Inc ($418k).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 96% of the total. Other salaries and wages came to $125k. At year end it held assets of $701k against liabilities of $0, net assets of $701k.
Income and spending
Where the income comes from
- Contributions & grants 96%
- Other 3.5%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Municipal Public Safety Comm Consortium of Palm Beach Cty Inc | Palm BCH GDNS | $418k |
| Pioneer House Inc | Muskegon | $418k |
| Sandusky Valley Domestic Violence Shelter Inc | Fostoria | $418k |
| Community Foundation Realty Inc | Memphis | $418k |