Interfaith Carepartners Inc

Analysis

Interfaith Carepartners Inc is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in September 1988, 38 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, Interfaith Carepartners Inc reported income of $3.4m and spending of $2.2m, leaving 35% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $929k to $3.4m (+266%), an average of +38% a year. The sharpest change came in the year to December 2023, when income rose by 161%. Over the whole period it spent 80% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Interfaith Carepartners Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 92nd percentile within TX. Charities of a similar size with the same main cause include Aniyei Yerushalayim Inc ($3.4m), Great Revelations Academy Inc ($3.4m) and Sanskruti Foundation ($3.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 84% and program service revenue 17% of the total. Compensation of current officers, directors and key employees was $130k (5.9% of expenses). Other salaries and wages came to $934k. It paid $34k in professional fundraising fees. At year end it held assets of $2.2m against liabilities of $382k, net assets of $1.8m. It reported 24 employees.