Interfaith Outreach Association
Analysis
Interfaith Outreach Association is a registered charity in United States, based in Lynchburg, VA. It received its IRS tax-exemption ruling in July 1983, 43 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 June 2023, Interfaith Outreach Association reported income of $591k and spending of $564k, spending 95% of its income. Across the 4 years on record, from June 2020 to June 2023, income fell from $784k to $591k (-25%), an average of -9.0% a year. The sharpest change came in the year to June 2021, when income rose by 190%. Over the whole period it spent 86% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Interfaith Outreach Association sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 73rd percentile within VA. Charities of a similar size with the same main cause include Kingdom Education for Young Scholars ($591k), Begin Anew ($591k) and Go on the Mission ($591k).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 73% of the total. Other salaries and wages came to $201k. At year end it held assets of $1.2m against liabilities of $13k, net assets of $1.2m. It reported 16 employees.
Income and spending
Where the income comes from
- Contributions & grants 73%
- Other 27%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Kingdom Education for Young Scholars | Chesapeake | $591k |
| Begin Anew | Nashville | $591k |
| Go on the Mission | Bremerton | $591k |
| Willing to Go Inc | Rock Spring | $591k |