Interfaith Hospitality Network of G Reater Fort Wayne Inc

Analysis

Interfaith Hospitality Network of G Reater Fort Wayne Inc is a registered charity in United States, based in Ft Wayne, IN. It received its IRS tax-exemption ruling in November 1999, 27 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, Interfaith Hospitality Network of G Reater Fort Wayne Inc reported income of $823k and spending of $1.0m, spending 127% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $650k to $823k (+27%), an average of +6.1% a year. The sharpest change came in the year to December 2021, when income rose by 75%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Interfaith Hospitality Network of G Reater Fort Wayne Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 77th percentile within IN. Charities of a similar size with the same main cause include Step I Inc ($822k), Right at Home ($823k) and Caffee Caffee and Associates PHF Inc ($822k).

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 $97k (9.3% of expenses). Other salaries and wages came to $469k. At year end it held assets of $913k against liabilities of $21k, net assets of $892k. It reported 20 employees.