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Interfaith Human Services of Putnam Inc

RegisteredEIN 06-1587623Putnam, CTPoverty relief
Income$242k2023-12
Spending$273ksame year
Spent / received78%5-year average
Size in its cause52nd pctPoverty relief
Exempt since2003Publicly supported organisat
Employees0latest return

Analysis

Interfaith Human Services of Putnam Inc is a registered charity in United States, based in Putnam, CT. It received its IRS tax-exemption ruling in November 2003, 23 years ago. Its declared purposes cover food, agriculture and nutrition, 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 Human Services of Putnam Inc reported income of $242k and spending of $273k, spending 113% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $170k to $242k (+42%), an average of +9.1% a year. The sharpest change came in the year to December 2020, when income rose by 56%. Over the whole period it spent 78% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Interfaith Human Services of Putnam Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 55th percentile within CT. Charities of a similar size with the same main cause include Collective Empowerment Group of South Florida Inc ($241k), National Sisterhood United for Journeymen Linemen ($242k) and Togonetwork ($241k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $353k against liabilities of $0, net assets of $353k.

Income and spending

$0$68k$137k$205k$273k2019 Income: $170,4042019 Spending: $152,70020192020 Income: $265,9372020 Spending: $134,68820202021 Income: $251,8982021 Spending: $135,70420212022 Income: $177,4652022 Spending: $171,80620222023 Income: $241,5792023 Spending: $273,0372023
IncomeSpending

Where the income comes from

  • Contributions & grants 96%
  • Other 3.5%

Similar-sized charities, same cause

CharityLocationIncome
Collective Empowerment Group of South Florida IncMiami$241k
National Sisterhood United for Journeymen LinemenSalem$242k
TogonetworkVirginia BCH$241k
Divine Values School IncMiami$242k