Interfaith Caregivers - Faith in Action in Faribault County

Analysis

Interfaith Caregivers - Faith in Action in Faribault County is a registered charity in United States, based in Blue Earth, MN. It received its IRS tax-exemption ruling in August 2008, 18 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 December 2023, Interfaith Caregivers - Faith in Action in Faribault County reported income of $221k and spending of $229k, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $240k to $221k (-7.9%), an average of -2.0% a year. The sharpest change came in the year to December 2023, when income rose by 38%. 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 Caregivers - Faith in Action in Faribault County sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 54th percentile within MN. Charities of a similar size with the same main cause include Community Growth Enterprises Inc ($221k), Grace Community Service Inc ($221k) and Childrens Outreach & Vocational Education Alliance NFP ($221k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 68% and program service revenue 27% of the total. Compensation of current officers, directors and key employees was $40k (18% of expenses). Other salaries and wages came to $100k. At year end it held assets of $21k against liabilities of $7,114, net assets of $14k. It reported 14 employees.