Anderson Interfaith Ministries Inc

Analysis

Anderson Interfaith Ministries Inc is a registered charity in United States, based in Anderson, SC. It received its IRS tax-exemption ruling in August 1991, 35 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Anderson Interfaith Ministries Inc reported income of $6.8m and spending of $6.4m, spending 95% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $3.0m to $6.8m (+125%), an average of +31% a year. The sharpest change came in the year to June 2022, when income rose by 121%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Anderson Interfaith Ministries Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 96th percentile within SC. Charities of a similar size with the same main cause include Hospitality Hub of Memphis ($6.8m), Hellenic Foundation ($6.8m) and Elevate Hope Inc ($6.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $816k. At year end it held assets of $2.8m against liabilities of $859k, net assets of $2.0m. It reported 43 employees.