Interfaith Housing Foundation of Wisconsin & Upper Michigan Inc

Analysis

Interfaith Housing Foundation of Wisconsin & Upper Michigan Inc is a registered charity in United States, based in Poynette, WI. It received its IRS tax-exemption ruling in February 1971, 55 years ago. 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 September 2023, Interfaith Housing Foundation of Wisconsin & Upper Michigan Inc reported income of $157k and spending of $172k, spending 109% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $138k to $157k (+14%), an average of +3.2% a year. Over the whole period it spent 112% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Interfaith Housing Foundation of Wisconsin & Upper Michigan Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 48th percentile within WI. Charities of a similar size with the same main cause include North Congregational Church of Southfield Mi Perp Endowment Fund ($157k), Corona Rotary Foundation ($157k) and Lake Elsinore Girls Softball Association ($157k).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 99% of the total. Other salaries and wages came to $52k. At year end it held assets of $507k against liabilities of $20k, net assets of $488k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.