Interfaith Homeless Outreach Council Inc

Analysis

Interfaith Homeless Outreach Council Inc is a registered charity in United States, based in Cherry Hill, NJ. It received its IRS tax-exemption ruling in March 1992, 34 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 Homeless Outreach Council Inc reported income of $158k and spending of $107k, leaving 32% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $84k to $158k (+87%), an average of +87% a year. The sharpest change came in the year to December 2023, when income rose by 87%. Over the whole period it spent 79% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Interfaith Homeless Outreach Council Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 56th percentile within NJ. Charities of a similar size with the same main cause include Brazos Lions Clubs Foundation ($158k), Jennings County Council on Domestic Violence Inc ($158k) and Indo-American Senior Citizen Centerof New York Inc ($158k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 63% and program service revenue 10% of the total. At year end it held assets of $303k against liabilities of $108k, net assets of $194k.