Interfaith Service Coalitiion of Hancock Maryland Inc

Analysis

Interfaith Service Coalitiion of Hancock Maryland Inc is a registered charity in United States, based in Hancock, MD. It received its IRS tax-exemption ruling in September 1990, 36 years ago. 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 Service Coalitiion of Hancock Maryland Inc reported income of $459k and spending of $457k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $448k to $459k (+2.6%), an average of +0.6% a year. The sharpest change came in the year to December 2023, when income rose by 47%. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Interfaith Service Coalitiion of Hancock Maryland Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 68th percentile within MD. Charities of a similar size with the same main cause include High Plains Retreat Center ($459k), Philadelphia Society ($459k) and San Antonio Police Officers Benefit ($459k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 53% and program service revenue 40% of the total. Compensation of current officers, directors and key employees was $75k (16% of expenses). Other salaries and wages came to $67k. At year end it held assets of $1.1m against liabilities of $11k, net assets of $1.0m. It reported 5 employees.