Inter-Faith Families Project Inc
Analysis
Inter-Faith Families Project Inc is a registered charity in United States, based in N Bethesda, MD. It received its IRS tax-exemption ruling in September 1996, 30 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending June 2023, Inter-Faith Families Project Inc reported income of $312k and spending of $324k, spending 104% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $294k to $312k (+6.1%), an average of +2.0% a year. Over the whole period it spent 94% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Inter-Faith Families Project Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 62nd percentile within MD. Charities of a similar size with the same main cause include Ten Talents Foundation ($312k), Bible Memory Program Inc ($312k) and Vietnamese Christian Restoration Ministry ($312k).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 83% and program service revenue 17% of the total. Other salaries and wages came to $211k. At year end it held assets of $195k against liabilities of $15k, net assets of $180k. It reported 6 employees.
Income and spending
Where the income comes from
- Contributions & grants 83%
- Program services 17%
- Other 0.5%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Ten Talents Foundation | Fresno | $312k |
| Bible Memory Program Inc | Goshen | $312k |
| Vietnamese Christian Restoration Ministry | Plano | $312k |
| Penn Valley Christian Retreat | McVeytown | $312k |