Interfaith Nutrition Network
Analysis
Interfaith Nutrition Network is a registered charity in United States, based in Hempstead, NY. It received its IRS tax-exemption ruling in April 1984, 42 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 June 2023, Interfaith Nutrition Network reported income of $13.0m and spending of $9.0m, leaving 31% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $6.6m to $13.0m (+98%), an average of +19% a year. The sharpest change came in the year to June 2021, when income rose by 61%. Over the whole period it spent 81% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Interfaith Nutrition Network sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 94th percentile within NY. Charities of a similar size with the same main cause include Food Bank of Abilene Inc ($13.0m), Wichita Childrens Home ($13.0m) and James L West Presbyterian Special Care Center ($13.0m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 89% and program service revenue 0.9% of the total. Compensation of current officers, directors and key employees was $532k (5.9% of expenses). Other salaries and wages came to $2.7m. It paid $99k in professional fundraising fees. At year end it held assets of $16.7m against liabilities of $1.6m, net assets of $15.1m. It reported 63 employees.
Income and spending
Where the income comes from
- Contributions & grants 89%
- Program services 0.9%
- Other 9.8%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Food Bank of Abilene Inc | Abilene | $13.0m |
| Wichita Childrens Home | Wichita | $13.0m |
| James L West Presbyterian Special Care Center | Fort Worth | $13.0m |
| Ozark Action Inc | West Plains | $13.0m |