Interfaith Outreach Home Inc

Analysis

Interfaith Outreach Home Inc is a registered charity in United States, based in Doraville, GA. It received its IRS tax-exemption ruling in December 1989, 37 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 December 2023, Interfaith Outreach Home Inc reported income of $1.4m and spending of $724k, leaving 47% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $483k to $1.4m (+180%), an average of +29% a year. The sharpest change came in the year to December 2021, when income rose by 340%. Over the whole period it spent 33% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Interfaith Outreach Home Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 86th percentile within GA. Charities of a similar size with the same main cause include Lawrence Senior Housing Corporation ($1.4m), New Community Hudson Senior Housing Corporation ($1.4m) and Deerfield Senior Housing Corp ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% and program service revenue 1.9% of the total. Compensation of current officers, directors and key employees was $182k (25% of expenses). Other salaries and wages came to $600. At year end it held assets of $5.3m against liabilities of $202k, net assets of $5.1m. It reported 3 employees.