Greater Modesto Interfaith Hospitality Network Inc
Analysis
Greater Modesto Interfaith Hospitality Network Inc is a registered charity in United States, based in Modesto, CA. It received its IRS tax-exemption ruling in April 2003, 23 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 June 2023, Greater Modesto Interfaith Hospitality Network Inc reported income of $607k and spending of $710k, spending 117% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $444k to $607k (+37%), an average of +11% a year. The sharpest change came in the year to June 2022, when income rose by 37%. Over the whole period it spent 100% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Greater Modesto Interfaith Hospitality Network Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 74th percentile within CA. Charities of a similar size with the same main cause include Sikh Center of Orange County ($607k), Santiago Retreat Center ($607k) and Thirst No More Association Inc ($607k).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 95% and program service revenue 4.5% of the total. Other salaries and wages came to $250k. At year end it held assets of $770k against liabilities of $649k, net assets of $120k. It reported 5 employees.
Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.
Income and spending
Where the income comes from
- Contributions & grants 95%
- Program services 4.5%
- Other 0.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Sikh Center of Orange County | Santa Ana | $607k |
| Santiago Retreat Center | Silverado | $607k |
| Thirst No More Association Inc | Leander | $607k |
| Norristown Hospitality Center | Norristown | $608k |