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Inter-Faith Families Project Inc

RegisteredEIN 52-1957897N Bethesda, MDReligion
Income$312k2023-06
Spending$324ksame year
Spent / received94%4-year average
Size in its cause75th pctReligion
Exempt since1996Publicly supported organisat
Employees6latest return

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

$0$81k$162k$243k$324k2020 Income: $294,3682020 Spending: $280,98620202021 Income: $311,1652021 Spending: $275,87020212022 Income: $319,6152022 Spending: $279,36420222023 Income: $312,3252023 Spending: $324,0702023
IncomeSpending

Where the income comes from

  • Contributions & grants 83%
  • Program services 17%
  • Other 0.5%

Similar-sized charities, same cause

CharityLocationIncome
Ten Talents FoundationFresno$312k
Bible Memory Program IncGoshen$312k
Vietnamese Christian Restoration MinistryPlano$312k
Penn Valley Christian RetreatMcVeytown$312k