Interval House

Analysis

Interval House is a registered charity in United States, based in Long Beach, CA. It received its IRS tax-exemption ruling in April 1980, 46 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2023, Interval House reported income of $10.7m and spending of $10.4m, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $7.3m to $10.7m (+45%), an average of +9.8% a year. The sharpest change came in the year to June 2020, when income rose by 31%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Interval House sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within CA. Charities of a similar size with the same main cause include Capital Area Community Action Agency Inc ($10.6m), Direct Relief Foundation ($10.7m) and Anita Moreau Food Program Specialist ($10.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $340k (3.3% of expenses). Other salaries and wages came to $3.7m. At year end it held assets of $6.5m against liabilities of $1.3m, net assets of $5.2m. It reported 88 employees.