Interfaith Outreach of Carmel Inc

Analysis

Interfaith Outreach of Carmel Inc is a registered charity in United States, based in Carmel, CA. It received its IRS tax-exemption ruling in March 2011, 15 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 Outreach of Carmel Inc reported income of $436k and spending of $410k, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $210k to $436k (+108%), an average of +20% a year. The sharpest change came in the year to December 2021, when income rose by 53%. Over the whole period it spent 95% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Interfaith Outreach of Carmel Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 70th percentile within CA. Charities of a similar size with the same main cause include Assessors Association of Pennsylvania ($435k), Quitman County Development Organization Inc ($436k) and Miss Rodeo America Inc ($434k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 99% of the total. Other salaries and wages came to $100k. At year end it held assets of $137k against liabilities of $9,606, net assets of $128k. It reported 1 employees.