Interfaith Council for Action Inc

Analysis

Interfaith Council for Action Inc is a registered charity in United States, based in Ossining, NY. It received its IRS tax-exemption ruling in May 1968, 58 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 Council for Action Inc reported income of $2.6m and spending of $2.7m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $3.8m to $2.6m (-31%), an average of -9.0% a year. The sharpest change came in the year to December 2022, when income dropped by 19%. Over the whole period it spent 77% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Interfaith Council for Action Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 85th percentile within NY. Charities of a similar size with the same main cause include Wartburg Residential Community Inc ($2.6m), The Woonsocket Neighborhood Development Corporation ($2.6m) and Ezekiel Foundation Inc ($2.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 14% and program service revenue 74% of the total. Compensation of current officers, directors and key employees was $127k (4.7% of expenses). Other salaries and wages came to $560k. At year end it held assets of $9.4m against liabilities of $4.1m, net assets of $5.3m. It reported 14 employees.