Interfaith Health Center Inc

Analysis

Interfaith Health Center Inc is a registered charity in United States, based in Knoxville, TN. It received its IRS tax-exemption ruling in July 1991, 35 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 Health Center Inc reported income of $5.0m and spending of $4.4m, spending 88% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.5m to $5.0m (+42%), an average of +9.2% a year. The sharpest change came in the year to June 2020, when income rose by 40%. Over the whole period it spent 84% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Interfaith Health Center Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within TN. Charities of a similar size with the same main cause include Valley View Nursing Home of Houston Inc ($5.0m), Aldie Foundation ($5.0m) and St Mary Medical Center Foundation ($5.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 88% and program service revenue 8.8% of the total. Compensation of current officers, directors and key employees was $89k (2.0% of expenses). Other salaries and wages came to $1.8m. At year end it held assets of $5.9m against liabilities of $721k, net assets of $5.1m. It reported 40 employees.