Interlocking Ministries

Analysis

Interlocking Ministries is a registered charity in United States, based in Raleigh, NC. It received its IRS tax-exemption ruling in January 2012, 14 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Interlocking Ministries reported income of $444k and spending of $353k, leaving 20% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $264k to $444k (+68%), an average of +14% a year. The sharpest change came in the year to December 2022, when income rose by 34%. Over the whole period it spent 85% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Interlocking Ministries sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 67th percentile within NC. Charities of a similar size with the same main cause include Sunflower Montessori School ($444k), Cape Girardeau Public School Foundation ($444k) and Greater Applegate Community Development Corporation ($444k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $76k (22% of expenses). At year end it held assets of $438k against liabilities of $1,169, net assets of $437k. It reported 1 employees.