Interfaith Partners for the Chesapeake Inc

Analysis

Interfaith Partners for the Chesapeake Inc is a registered charity in United States, based in Annapolis, MD. It received its IRS tax-exemption ruling in December 2015, 11 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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, Interfaith Partners for the Chesapeake Inc reported income of $1.0m and spending of $993k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $510k to $1.0m (+102%), an average of +19% a year. The sharpest change came in the year to December 2021, when income rose by 46%. Over the whole period it spent 89% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Interfaith Partners for the Chesapeake Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 79th percentile within MD. Charities of a similar size with the same main cause include Regional Trail Corporation ($1.0m), Land TR for the Ms Coastal Plain ($1.0m) and Linda and Gene Farley Center for Peace Justice and Sustainability I ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% and program service revenue 8.3% of the total. Compensation of current officers, directors and key employees was $98k (9.9% of expenses). Other salaries and wages came to $503k. At year end it held assets of $636k against liabilities of $78k, net assets of $558k. It reported 12 employees.