Summit Interfaith Council

Analysis

Summit Interfaith Council is a registered charity in United States, based in Summit, NJ. It received its IRS tax-exemption ruling in October 2017, 9 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 2024, Summit Interfaith Council reported income of $96k and spending of $107k, spending 111% of what it took in. Across the 3 years on record, from June 2022 to June 2024, income grew from $72k to $96k (+34%), an average of +16% a year. The sharpest change came in the year to June 2023, when income rose by 37%. Over the whole period it spent 96% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Summit Interfaith Council sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 44th percentile within NJ. Charities of a similar size with the same main cause include Room for Roots Inc ($96k), Kelley Heritage Ministries ($96k) and Priority One Ministries ($96k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $51k against liabilities of $0, net assets of $51k.