Laramie Interfaith

Analysis

Laramie Interfaith is a registered charity in United States, based in Laramie, WY. It received its IRS tax-exemption ruling in June 1989, 37 years ago. 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, Laramie Interfaith reported income of $1.5m and spending of $1.4m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $814k to $1.5m (+81%), an average of +16% a year. The sharpest change came in the year to December 2020, when income rose by 124%. Over the whole period it spent 78% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Laramie Interfaith sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 88th percentile within WY. Charities of a similar size with the same main cause include Holy Family Child Care & Development Center Inc ($1.5m), Amethyst House Inc ($1.5m) and Teamsters Convention Industry Training Fund ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Other salaries and wages came to $294k. At year end it held assets of $1.8m against liabilities of $57k, net assets of $1.8m. It reported 13 employees.