Valley Interfaith Community Resource Center
Analysis
Valley Interfaith Community Resource Center is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in June 1989, 37 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, Valley Interfaith Community Resource Center reported income of $1000k and spending of $874k, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.3m to $1000k (-23%), an average of -6.4% a year. The sharpest change came in the year to December 2022, when income rose by 167%. Over the whole period it spent 91% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Valley Interfaith Community Resource Center sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 80th percentile within OH. Charities of a similar size with the same main cause include Bright Start Child Care Ministry ($1000k), Agfood Future Foundation ($1.0m) and Immigrants Assistance Center Inc ($999k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $80k (9.2% of expenses). Other salaries and wages came to $73k. At year end it held assets of $763k against liabilities of $10k, net assets of $752k. It reported 12 employees.
Income and spending
Where the income comes from
- Contributions & grants 99%
- Other 1.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Bright Start Child Care Ministry | Columbus | $1000k |
| Agfood Future Foundation | Wesley Chapel | $1.0m |
| Immigrants Assistance Center Inc | New Bedford | $999k |
| Wirt County Committee on Aging Inc | Elizabeth | $1.0m |