Interfaith Community Services Inc

Analysis

Interfaith Community Services Inc is a registered charity in United States, based in Escondido, CA. It received its IRS tax-exemption ruling in February 1984, 42 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 June 2023, Interfaith Community Services Inc reported income of $25.2m and spending of $25.7m, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $13.6m to $25.2m (+85%), an average of +17% a year. The sharpest change came in the year to June 2021, when income rose by 63%. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Interfaith Community Services Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within CA. Charities of a similar size with the same main cause include Homewise Inc ($25.2m), Souderton Mennonite Homes ($25.2m) and Ray Graham Association for People with Disabilities ($25.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 24% and program service revenue 70% of the total. Compensation of current officers, directors and key employees was $817k (3.2% of expenses). Other salaries and wages came to $12.8m. At year end it held assets of $50.2m against liabilities of $9.4m, net assets of $40.8m. It reported 311 employees.