Newburgh Interfaith Emergency Housing Inc

Analysis

Newburgh Interfaith Emergency Housing Inc is a registered charity in United States, based in Newburgh, NY. It received its IRS tax-exemption ruling in October 1990, 36 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 December 2023, Newburgh Interfaith Emergency Housing Inc reported income of $1.1m and spending of $1.1m, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $933k to $1.1m (+22%), an average of +5.0% a year. The sharpest change came in the year to December 2023, when income rose by 24%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Newburgh Interfaith Emergency Housing Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 77th percentile within NY. Charities of a similar size with the same main cause include Fort Bend Family Promise ($1.1m), Haven Ministry Inc ($1.1m) and Pine Forest Rest Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 16% and program service revenue 80% of the total. Compensation of current officers, directors and key employees was $78k (7.3% of expenses). Other salaries and wages came to $295k. At year end it held assets of $1.9m against liabilities of $165k, net assets of $1.7m. It reported 26 employees.