Interfaith Mission Inc

Analysis

Interfaith Mission Inc is a registered charity in United States, based in Columbia City, IN. It received its IRS tax-exemption ruling in December 2003, 23 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 Mission Inc reported income of $1.2m and spending of $768k, leaving 37% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $270k to $1.2m (+352%), an average of +46% a year. The sharpest change came in the year to December 2020, when income rose by 120%. Over the whole period it spent 62% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Interfaith Mission Inc 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 81st percentile, and in the 82nd percentile within IN. Charities of a similar size with the same main cause include Osprey Village Inc ($1.2m), The Salvation Army San Diego Residences Inc ($1.2m) and Canandaigua Housing Development Fund Company Inc ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% and program service revenue 5.8% of the total. Compensation of current officers, directors and key employees was $84k (11% of expenses). Other salaries and wages came to $398k. At year end it held assets of $2.3m against liabilities of $47k, net assets of $2.2m. It reported 21 employees.