Found House-Interfaith Housing Network

Analysis

Found House-Interfaith Housing Network is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in November 1991, 35 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Found House-Interfaith Housing Network reported income of $4.7m and spending of $4.6m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.6m to $4.7m (+82%), an average of +16% a year. The sharpest change came in the year to December 2020, when income rose by 57%. Over the whole period it spent 92% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Found House-Interfaith Housing Network sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within OH. Charities of a similar size with the same main cause include Jefferson Street Baptist Center Inc ($4.6m), Iron Gate Inc ($4.7m) and United Religions ($4.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 6.0% of the total. Compensation of current officers, directors and key employees was $212k (4.6% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $2.9m against liabilities of $486k, net assets of $2.4m. It reported 42 employees.