Washington Interfaith Network

Analysis

Washington Interfaith Network is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in March 1997, 29 years ago. Its declared purposes cover employment, 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 2022, Washington Interfaith Network reported income of $912k and spending of $640k, leaving 30% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income grew from $569k to $912k (+60%), an average of +17% a year. The sharpest change came in the year to December 2021, when income rose by 105%. Over the whole period it spent 88% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Washington Interfaith Network sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 53rd percentile within DC. Charities of a similar size with the same main cause include Connecticut Main Street Center Inc ($911k), One Square World ($913k) and Chatham Trades Inc ($911k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 87% and program service revenue 13% of the total. Other salaries and wages came to $371k. At year end it held assets of $1.7m against liabilities of $5,335, net assets of $1.7m. It reported 1 employees.