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Intercultural Family Services Inc

RegisteredEIN 23-2311676Philadelphia, PAPoverty relief
Income$9.9m2023-06
Spending$9.5msame year
Spent / received82%5-year average
Size in its cause94th pctPoverty relief
Exempt since1987Publicly supported organisat
Employees169latest return

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

$0$4.4m$8.9m$13.3m$17.7m2019 Income: $7,634,3452019 Spending: $7,639,87420192020 Income: $8,244,0942020 Spending: $7,800,23020202021 Income: $8,289,7922021 Spending: $8,140,33920212022 Income: $17,742,1282022 Spending: $9,291,30220222023 Income: $9,941,0062023 Spending: $9,493,8062023
IncomeSpending

Where the income comes from

  • Contributions & grants 39%
  • Program services 61%
  • Other 0.6%

Similar-sized charities, same cause

CharityLocationIncome
Prime Coalition IncCambridge$9.9m
Food & Water WatchWashington$9.9m
Tampa Hillsborough Homeless InitiativeTampa$9.9m
Ronald McDonald House Charities of Greater CincinnatiCincinnati$9.9m