Wayne Interfaith Network

Analysis

Wayne Interfaith Network is a registered charity in United States, based in Wayne, NJ. It received its IRS tax-exemption ruling in April 2010, 16 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, Wayne Interfaith Network reported income of $101k and spending of $105k, spending 105% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $116k to $101k (-13%), an average of -7.0% a year. The sharpest change came in the year to December 2022, when income dropped by 27%. Over the whole period it spent 105% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Wayne Interfaith Network sits at the 33rd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 45th percentile within NJ. Charities of a similar size with the same main cause include Our Daily Bread Ministries ($101k), Gaal House ($101k) and Bopic ($101k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $108k against liabilities of $0, net assets of $108k.