Inter-Church Organization Inc

Analysis

Inter-Church Organization Inc is a registered charity in United States, based in Newport, KY. It received its IRS tax-exemption ruling in December 1992, 34 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Inter-Church Organization Inc reported income of $792k and spending of $799k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.5m to $792k (-48%), an average of -15% a year. The sharpest change came in the year to December 2022, when income dropped by 37%. Over the whole period it spent 97% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Inter-Church Organization Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 78th percentile within KY. Charities of a similar size with the same main cause include Sivananda Yoga Vedanta Center ($792k), Soulformation ($793k) and Enrichmentfwd ($791k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Other salaries and wages came to $140k. At year end it held assets of $1.0m against liabilities of $2,053, net assets of $1.0m. It reported 6 employees.