Interfaith Conference of Metropolitan Washington Inc

Analysis

Interfaith Conference of Metropolitan Washington Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in November 1979, 47 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Interfaith Conference of Metropolitan Washington Inc reported income of $1.4m and spending of $1.2m, spending 85% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $809k to $1.4m (+76%), an average of +15% a year. The sharpest change came in the year to June 2023, when income rose by 118%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Interfaith Conference of Metropolitan Washington Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 61st percentile within DC. Charities of a similar size with the same main cause include Barn Theatre School for Advanced Theatre Training ($1.4m), Nami Miami-Dade County Inc ($1.4m) and East End United Community Center ($1.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $226k (19% of expenses). Other salaries and wages came to $180k. At year end it held assets of $454k against liabilities of $60k, net assets of $394k.