Interchurch Coalition for Action Reconciliation and Empowerment

Analysis

Interchurch Coalition for Action Reconciliation and Empowerment is a registered charity in United States, based in Jacksonville, FL. It received its IRS tax-exemption ruling in October 1997, 29 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Interchurch Coalition for Action Reconciliation and Empowerment reported income of $158k and spending of $204k, spending 129% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $533k to $158k (-70%), an average of -26% a year. The sharpest change came in the year to December 2020, when income dropped by 54%. Over the whole period it spent 80% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Interchurch Coalition for Action Reconciliation and Empowerment sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 52nd percentile within FL. Charities of a similar size with the same main cause include Konbit Neg Lakay Inc ($158k), California Enrichment Community Center ($158k) and Chautauqua Connections Inc ($158k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 84% of the total. At year end it held assets of $279k against liabilities of $0, net assets of $279k.