Interfaith Housing & Community Services Inc

Analysis

Interfaith Housing & Community Services Inc is a registered charity in United States, based in Hutchinson, KS. It received its IRS tax-exemption ruling in May 1992, 34 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 Housing & Community Services Inc reported income of $3.4m and spending of $3.5m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.8m to $3.4m (+21%), an average of +4.8% a year. The sharpest change came in the year to December 2023, when income rose by 78%. Over the whole period it spent 99% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Interfaith Housing & Community Services Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within KS. Charities of a similar size with the same main cause include Michigan Minority Purchasing Council MMSDC ($3.4m), Community Programs and Services ($3.4m) and Saheli ($3.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 68% and program service revenue 30% of the total. Compensation of current officers, directors and key employees was $85k (2.4% of expenses). Other salaries and wages came to $552k. At year end it held assets of $12.5m against liabilities of $4.8m, net assets of $7.7m. It reported 16 employees.