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Interfaith Outreach Association

RegisteredEIN 54-1214253Lynchburg, VAReligion
Income$591k2023-06
Spending$564ksame year
Spent / received86%4-year average
Size in its cause86th pctReligion
Exempt since1983Publicly supported organisat
Employees16latest return

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

$0$568k$1.1m$1.7m$2.3m2020 Income: $783,5752020 Spending: $265,39120202021 Income: $2,270,0542021 Spending: $2,217,22720212022 Income: $483,6452022 Spending: $492,72620222023 Income: $591,2682023 Spending: $564,4632023
IncomeSpending

Where the income comes from

  • Contributions & grants 73%
  • Other 27%

Similar-sized charities, same cause

CharityLocationIncome
Kingdom Education for Young ScholarsChesapeake$591k
Begin AnewNashville$591k
Go on the MissionBremerton$591k
Willing to Go IncRock Spring$591k