Salem Interfaith Hospitality Network

Analysis

Salem Interfaith Hospitality Network is a registered charity in United States, based in Salem, OR. It received its IRS tax-exemption ruling in March 1999, 27 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Salem Interfaith Hospitality Network reported income of $546k and spending of $573k, spending 105% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $656k to $546k (-17%), an average of -4.5% a year. The sharpest change came in the year to December 2021, when income rose by 119%. Over the whole period it spent 79% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Salem Interfaith Hospitality Network sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 72nd percentile within OR. Charities of a similar size with the same main cause include Downtown Development Corporation ($546k), Columbian Village Inc ($546k) and Marys Shelter of the Treasure Coast Inc ($545k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $91k (16% of expenses). Other salaries and wages came to $163k. At year end it held assets of $1.8m against liabilities of $305k, net assets of $1.5m. It reported 7 employees.