Intercommunity Action Incorporated

Analysis

Intercommunity Action Incorporated is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in March 1973, 53 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, Intercommunity Action Incorporated reported income of $15.4m and spending of $16.5m, spending 107% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $19.2m to $15.4m (-20%), an average of -5.3% a year. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Intercommunity Action Incorporated sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within PA. Charities of a similar size with the same main cause include Covenant House Alaska ($15.4m), YWCA USA Inc ($15.4m) and Interface Children Family Services ($15.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 45% and program service revenue 54% of the total. Compensation of current officers, directors and key employees was $464k (2.8% of expenses). Other salaries and wages came to $9.0m. At year end it held assets of $14.2m against liabilities of $6.1m, net assets of $8.1m. It reported 246 employees.