Power Interfaith

Analysis

Power Interfaith is a registered charity in United States, based in Harrisburg, PA. It received its IRS tax-exemption ruling in July 2014, 12 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, Power Interfaith reported income of $3.0m and spending of $2.9m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.5m to $3.0m (+101%), an average of +19% a year. The sharpest change came in the year to December 2020, when income rose by 193%. Over the whole period it spent 91% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Power Interfaith sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 87th percentile within PA. Charities of a similar size with the same main cause include Bme Networks ($3.0m), Hickory Ridge Mall CD Corporation ($3.0m) and MDCDC Inc ($3.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $138k (4.7% of expenses). At year end it held assets of $1.1m against liabilities of $7,667, net assets of $1.1m. It reported 58 employees.