Interfaith Residence

Analysis

Interfaith Residence is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in December 1988, 38 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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, Interfaith Residence reported income of $14.4m and spending of $13.5m, spending 94% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $11.7m to $14.4m (+22%), an average of +7.0% a year. The sharpest change came in the year to June 2021, when income rose by 22%. Over the whole period it spent 87% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Interfaith Residence sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 95th percentile within MO. Charities of a similar size with the same main cause include Janian Medical Care PC ($14.4m), Beebe Medical Foundation ($14.4m) and Visiongift ($14.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 74% and program service revenue 19% of the total. Compensation of current officers, directors and key employees was $458k (3.4% of expenses). Other salaries and wages came to $4.2m. At year end it held assets of $22.8m against liabilities of $6.9m, net assets of $15.9m. It reported 120 employees.