Intercultural Family Services Inc
Analysis
Intercultural Family Services Inc is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in July 1987, 39 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, Intercultural Family Services Inc reported income of $9.9m and spending of $9.5m, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $7.6m to $9.9m (+30%), an average of +6.8% a year. The sharpest change came in the year to June 2022, when income rose by 114%. Over the whole period it spent 82% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Intercultural Family Services Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 94th percentile within PA. Charities of a similar size with the same main cause include Prime Coalition Inc ($9.9m), Food & Water Watch ($9.9m) and Tampa Hillsborough Homeless Initiative ($9.9m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 39% and program service revenue 61% of the total. Compensation of current officers, directors and key employees was $464k (4.9% of expenses). Other salaries and wages came to $5.3m. At year end it held assets of $13.3m against liabilities of $2.1m, net assets of $11.3m. It reported 169 employees.
Income and spending
Where the income comes from
- Contributions & grants 39%
- Program services 61%
- Other 0.6%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Prime Coalition Inc | Cambridge | $9.9m |
| Food & Water Watch | Washington | $9.9m |
| Tampa Hillsborough Homeless Initiative | Tampa | $9.9m |
| Ronald McDonald House Charities of Greater Cincinnati | Cincinnati | $9.9m |