Paducah Interfaith Ministry Incorporated

Analysis

Paducah Interfaith Ministry Incorporated is a registered charity in United States, based in Paducah, KY. It received its IRS tax-exemption ruling in September 1975, 51 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 December 2023, Paducah Interfaith Ministry Incorporated reported income of $885k and spending of $904k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $792k to $885k (+12%), an average of +2.8% a year. The sharpest change came in the year to December 2022, when income dropped by 20%. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Paducah Interfaith Ministry Incorporated sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 79th percentile within KY. Charities of a similar size with the same main cause include Evangelical Services for the Aging ($885k), Newground Inc ($885k) and Moses Lake Senior Opportunity and Services Inc ($884k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. Other salaries and wages came to $398k. At year end it held assets of $3.4m against liabilities of $4,097, net assets of $3.4m. It reported 12 employees.