Inter-Faith Co-Ministry of Lamar County

Analysis

Inter-Faith Co-Ministry of Lamar County is a registered charity in United States, based in Paris, TX. It received its IRS tax-exemption ruling in May 1996, 30 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, Inter-Faith Co-Ministry of Lamar County reported income of $116k and spending of $106k, spending 91% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $100k to $116k (+17%), an average of +17% a year. The sharpest change came in the year to December 2023, when income rose by 17%. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Inter-Faith Co-Ministry of Lamar County sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 44th percentile within TX. Charities of a similar size with the same main cause include Green Lake County Basic Needs Foundation Inc ($116k), Christian Counseling Services Inc ($117k) and Sherman County Child Care Foundation Inc ($116k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $200k against liabilities of $0, net assets of $200k.