Interfaith Neighbors Inc

Analysis

Interfaith Neighbors Inc is a registered charity in United States, based in Asbury Park, NJ. It received its IRS tax-exemption ruling in October 1988, 38 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, Interfaith Neighbors Inc reported income of $6.2m and spending of $6.8m, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $5.2m to $6.2m (+21%), an average of +4.8% a year. The sharpest change came in the year to December 2022, when income rose by 88%. Over the whole period it spent 71% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Interfaith Neighbors Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within NJ. Charities of a similar size with the same main cause include Habilitation and Training Services Inc ($6.2m), Small Things Inc ($6.3m) and Winter Park Recreational Association ($6.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% and program service revenue 3.2% of the total. Other salaries and wages came to $2.3m. At year end it held assets of $24.8m against liabilities of $906k, net assets of $23.9m. It reported 58 employees.