Interfaith Housing Inc

Analysis

Interfaith Housing Inc is a registered charity in United States, based in Berkeley, CA. It received its IRS tax-exemption ruling in February 1970, 56 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Interfaith Housing Inc reported income of $1.3m and spending of $1.2m, spending 91% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $928k to $1.3m (+43%), an average of +7.4% a year. The sharpest change came in the year to June 2020, when income rose by 19%. Over the whole period it spent 79% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Interfaith Housing Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 83rd percentile within CA. Charities of a similar size with the same main cause include Presbyterian Apartments of North ($1.3m), 145 So 3rd Street Housing Development Fund Corporation ($1.3m) and Ohio Network for Innovation ($1.3m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 73% and program service revenue 21% of the total. Other salaries and wages came to $346k. At year end it held assets of $3.5m against liabilities of $345k, net assets of $3.1m.