Inter Faith Council For Social Service
EIN: 591224041 · Carrboro, NC
Is Inter Faith Council For Social Service Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Inter Faith Council For Social Service
Inter Faith Council For Social Service (EIN: 591224041) is a nonprofit organization based in Carrboro, NC. The organization reported total revenue of $3.0M and total assets of $15.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Inter Faith Council For Social Service's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Inter Faith Council For Social Service is a mid-size nonprofit that has been operating for 56 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 6.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.8M |
| Total Expenses | $3.8M |
| Surplus / Deficit | $-34,970 |
| Total Assets | $16.5M |
| Net Assets | $16.5M |
| Operating Margin | -0.9% |
| Months of Reserves | 51.7 months |
Financial Health Grade: B
In 2023, Inter Faith Council For Social Service reported a deficit of $35K with expenses exceeding revenue, holds 51.7 months of operating reserves (strong position).
Financial Trends
Over 12 years of filings (2012–2023), Inter Faith Council For Social Service's revenue has grown at a compound annual growth rate (CAGR) of 6.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +18.5% | +35.9% | +7.7% |
| 2022 | -17.5% | -12.4% | -3.6% |
| 2021 | +31.3% | +15.4% | +6.5% |
| 2020 | -48.8% | +5.7% | +7.1% |
| 2019 | +47.9% | -3.0% | +30.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1970 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Inter Faith Council For Social Service has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Inter Faith Council For Social Service with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $35K, with expenses exceeding revenue.
Frequently Asked Questions about Inter Faith Council For Social Service
Is Inter Faith Council For Social Service a legitimate charity?
Based on AI analysis of IRS 990 filings, Inter Faith Council For Social Service (EIN: 591224041) insufficient data. 0 red flags identified, 0 strengths noted.
How does Inter Faith Council For Social Service spend its money?
Detailed spending breakdown data is not yet available for Inter Faith Council For Social Service. Check back for updated IRS 990 analysis.
Are donations to Inter Faith Council For Social Service tax-deductible?
Inter Faith Council For Social Service is registered as a tax-exempt nonprofit (EIN: 591224041). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Inter Faith Council For Social Service showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Inter Faith Council For Social Service's revenue has grown by 103.5%, moving from $1.9M to $3.8M. Total assets increased by 391.1% over the same period, from $3.4M to $16.5M. Total functional expenses rose by 127.6%, from $1.7M to $3.8M. In its most recent filing year (2023), Inter Faith Council For Social Service reported a deficit of $35K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.8M | $3.8M | $16.5M | $0 | — | — |
| 2022 | $3.2M | $2.8M | $15.3M | $810K | — | View 990 |
| 2021 | $3.9M | $3.2M | $15.9M | $1.2M | — | — |
| 2020 | $3.0M | $2.8M | $14.9M | $1.5M | — | — |
| 2019 | $5.8M | $2.6M | $13.9M | $624K | — | View 990 |
| 2018 | $3.9M | $2.7M | $10.7M | $667K | — | View 990 |
| 2017 | $2.3M | $2.5M | $9.6M | $624K | — | View 990 |
| 2016 | $4.4M | $2.2M | $9.9M | $1.0M | — | View 990 |
| 2015 | $2.6M | $1.9M | $7.0M | $275K | — | View 990 |
| 2014 | $5.0M | $1.9M | $6.8M | $794K | — | View 990 |
| 2013 | $2.0M | $1.7M | $3.7M | $944K | — | View 990 |
| 2012 | $1.9M | $1.7M | $3.4M | $955K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.8M, expenses of $3.8M, and assets of $16.5M (revenue +18.5% year-over-year).
- 2022: Revenue of $3.2M, expenses of $2.8M, and assets of $15.3M (revenue -17.5% year-over-year).
- 2021: Revenue of $3.9M, expenses of $3.2M, and assets of $15.9M (revenue +31.3% year-over-year).
- 2020: Revenue of $3.0M, expenses of $2.8M, and assets of $14.9M (revenue -48.8% year-over-year).
- 2019: Revenue of $5.8M, expenses of $2.6M, and assets of $13.9M (revenue +47.9% year-over-year).
- 2018: Revenue of $3.9M, expenses of $2.7M, and assets of $10.7M (revenue +68.6% year-over-year).
- 2017: Revenue of $2.3M, expenses of $2.5M, and assets of $9.6M (revenue -47.5% year-over-year).
- 2016: Revenue of $4.4M, expenses of $2.2M, and assets of $9.9M (revenue +66.4% year-over-year).
- 2015: Revenue of $2.6M, expenses of $1.9M, and assets of $7.0M (revenue -47.4% year-over-year).
- 2014: Revenue of $5.0M, expenses of $1.9M, and assets of $6.8M (revenue +145.9% year-over-year).
- 2013: Revenue of $2.0M, expenses of $1.7M, and assets of $3.7M (revenue +9.7% year-over-year).
- 2012: Revenue of $1.9M, expenses of $1.7M, and assets of $3.4M.
Data Sources and Methodology
This transparency report for Inter Faith Council For Social Service is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.