Interfaith Communiity Outreach Inc

Analysis

Interfaith Communiity Outreach Inc is a registered charity in United States, based in Kill Devil HL, NC. It received its IRS tax-exemption ruling in February 2005, 21 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 June 2023, Interfaith Communiity Outreach Inc reported income of $448k and spending of $534k, spending 119% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $465k to $448k (-3.7%), an average of -0.9% a year. The sharpest change came in the year to June 2020, when income rose by 46%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Interfaith Communiity Outreach Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 68th percentile within NC. Charities of a similar size with the same main cause include 4 Kids Sake Inc ($448k), Home Improvement Ministries Inc ($448k) and Seeds of Hope ($448k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 109% of the total. Other salaries and wages came to $112k. At year end it held assets of $732k against liabilities of $339k, net assets of $393k. It reported 2 employees.