Interfaith Center of New York Inc

Analysis

Interfaith Center of New York Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in October 1997, 29 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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 Center of New York Inc reported income of $1.1m and spending of $1.0m, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $633k to $1.1m (+68%), an average of +14% a year. The sharpest change came in the year to June 2020, when income rose by 40%. 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, Interfaith Center of New York Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 76th percentile within NY. Charities of a similar size with the same main cause include Apc Ministries Inc ($1.1m), Matrix Lifecare Center Inc Bravely Womens Health ($1.1m) and Roane County Committee on Aging Inc ($1.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $89k (8.7% of expenses). Other salaries and wages came to $398k. At year end it held assets of $1.3m against liabilities of $165k, net assets of $1.2m. It reported 9 employees.