Interfaith Alliance Foundation

Analysis

Interfaith Alliance Foundation is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in December 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 December 2023, Interfaith Alliance Foundation reported income of $2.9m and spending of $1.7m, leaving 39% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.5m to $2.9m (+97%), an average of +18% a year. The sharpest change came in the year to December 2023, when income rose by 105%. Over the whole period it spent 79% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Interfaith Alliance Foundation 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 89th percentile, and in the 72nd percentile within DC. Charities of a similar size with the same main cause include Baltimore Yearly Meeting of the Religious Society of Friends ($2.9m), The Grace Message ($2.9m) and Speranza Foundation ($2.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $259k (15% of expenses). Other salaries and wages came to $503k. At year end it held assets of $2.2m against liabilities of $278k, net assets of $1.9m. It reported 12 employees.