Interfaith Family Services

Analysis

Interfaith Family Services is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in July 1985, 41 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 September 2023, Interfaith Family Services reported income of $3.5m and spending of $3.6m, spending 102% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $2.3m to $3.5m (+54%), an average of +12% a year. The sharpest change came in the year to September 2020, when income rose by 38%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Interfaith Family Services sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 93rd percentile within TX. Charities of a similar size with the same main cause include Be Strong International Inc ($3.5m), Tory Burch Foundation Inc ($3.5m) and Greater Adirondack Home Aides Inc ($3.5m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 59% and program service revenue 37% of the total. Compensation of current officers, directors and key employees was $315k (8.7% of expenses). Other salaries and wages came to $1.0m. At year end it held assets of $16.3m against liabilities of $8.5m, net assets of $7.8m. It reported 28 employees.