Intervarsity Christian Fellowship- USA

Analysis

Intervarsity Christian Fellowship- USA is a registered charity in United States, based in Madison, WI. It received its IRS tax-exemption ruling in May 1985, 41 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2020, Intervarsity Christian Fellowship- USA reported income of $104.4m and spending of $102.6m, spending 98% of its income. Across the 2 years on record, from June 2019 to June 2020, income fell from $110.9m to $104.4m (-5.8%), an average of -5.8% a year. Over the whole period it spent 99% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Intervarsity Christian Fellowship- USA sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within WI. Charities of a similar size with the same main cause include Independent Living for Seniors Inc ($99.4m), Trinity Broadcasting of Texas Inc ($105.3m) and Hexagon Foundation ($95.9m).

On its Form 990 for the period ending June 2020, revenue came from contributions and grants 83% and program service revenue 2.3% of the total. Compensation of current officers, directors and key employees was $1.4m (1.3% of expenses). Other salaries and wages came to $61.7m. It paid $130k in professional fundraising fees. At year end it held assets of $66.5m against liabilities of $7.5m, net assets of $59.0m. It reported 1,699 employees.