Interfaith Caregivers Inc

Analysis

Interfaith Caregivers Inc is a registered charity in United States, based in Olean, NY. It received its IRS tax-exemption ruling in July 1992, 34 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general 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 December 2023, Interfaith Caregivers Inc reported income of $122k and spending of $116k, spending 95% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $214k to $122k (-43%), an average of -24% a year. The sharpest change came in the year to December 2022, when income dropped by 53%. Over the whole period it spent 69% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Interfaith Caregivers Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 41st percentile within NY. Charities of a similar size with the same main cause include Hood County Childrens Charity Fund ($122k), Mercy Foundation Inc ($122k) and Upper Keys Foundation Inc ($122k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 72% of the total. Compensation of current officers, directors and key employees was $57k (49% of expenses). Other salaries and wages came to $2,821. At year end it held assets of $501k against liabilities of $1,640, net assets of $500k. It reported 2 employees.