Inter-Faith Center for Racial Justice Inc

Analysis

Inter-Faith Center for Racial Justice Inc is a registered charity in United States, based in Mount Clemens, MI. It received its IRS tax-exemption ruling in July 1969, 57 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Inter-Faith Center for Racial Justice Inc reported income of $90k and spending of $69k, leaving 23% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income grew from $30k to $90k (+202%), an average of +202% a year. The sharpest change came in the year to June 2023, when income rose by 202%. Over the whole period it spent 77% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Inter-Faith Center for Racial Justice Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 34th percentile within MI. Charities of a similar size with the same main cause include Say East Cincinnati ($90k), Sun Valley Care Development Inc ($90k) and Ulysses S Grant Foundation Inc ($90k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 84% and program service revenue 16% of the total. At year end it held assets of $22k against liabilities of $771, net assets of $22k.