Interfaith Homeless Outreach Council Inc
Interfaith Homeless Outreach Council Inc: Strong Program Spending, but Transparency Lacking
EIN: 223094664 · Cherry Hill, NJ · NTEE: P20Z · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $780K |
| Total Expenses | $107K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $0 |
| Net Assets | $194K |
| Transparency Score | 75/100 |
Is Interfaith Homeless Outreach Council Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Interfaith Homeless Outreach Council Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Interfaith Homeless Outreach Council Inc
Interfaith Homeless Outreach Council Inc (EIN: 223094664) is a nonprofit organization based in Cherry Hill, NJ, classified under NTEE code P20Z. The organization reported total revenue of $780K and total assets of $1.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Interfaith Homeless Outreach Council Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Interfaith Homeless Outreach Council Inc is a small nonprofit that has been operating for 34 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 3.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $158K |
| Total Expenses | $107K |
| Surplus / Deficit | +$51K |
| Total Assets | $303K |
| Total Liabilities | $108K |
| Net Assets | $194K |
| Operating Margin | 32.3% |
| Debt-to-Asset Ratio | 35.8% |
| Months of Reserves | 34.0 months |
Financial Health Grade: A
In 2023, Interfaith Homeless Outreach Council Inc reported a surplus of $51K with revenue exceeding expenses, holds 34.0 months of operating reserves (strong position), has a debt-to-asset ratio of 35.8% (moderate leverage).
Financial Trends
Over 14 years of filings (2010–2023), Interfaith Homeless Outreach Council Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +87.3% | +25.2% | +100.8% |
| 2022 | -41.1% | -24.6% | -9.9% |
| 2021 | +0.6% | +0.3% | +16.7% |
| 2020 | +2.1% | -8.8% | +29.7% |
| 2019 | +4.4% | -6.1% | +6.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1992 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Interfaith Homeless Outreach Council Inc with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Interfaith Homeless Outreach Council Inc allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $51K, with revenue exceeding expenses.
- Debt-to-asset ratio: 35.8%.
Executive Compensation Analysis
The organization reports 'compensation of officers, directors, trustees, key employees, and highest compensated employees' as $0 across all available filings, indicating no paid executive compensation.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Interfaith Homeless Outreach Council Inc's IRS 990 filings:
- Lack of detailed program reporting makes it difficult to assess the specific impact of their services.
- Limited transparency regarding the allocation of administrative and fundraising expenses.
Strengths
The following positive indicators were identified for Interfaith Homeless Outreach Council Inc:
- Consistently high percentage of expenses dedicated to programs (e.g., 90% in 2023).
- No reported executive compensation, suggesting a volunteer-driven leadership.
- Positive net assets growth over several years, indicating financial stability.
Frequently Asked Questions about Interfaith Homeless Outreach Council Inc
Is Interfaith Homeless Outreach Council Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Interfaith Homeless Outreach Council Inc (EIN: 223094664) some concerns. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
How does Interfaith Homeless Outreach Council Inc spend its money?
Interfaith Homeless Outreach Council Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Interfaith Homeless Outreach Council Inc tax-deductible?
Interfaith Homeless Outreach Council Inc is registered as a tax-exempt nonprofit (EIN: 223094664). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Interfaith Homeless Outreach Council Inc CEO make?
Interfaith Homeless Outreach Council Inc's highest-compensated officer earns $0 annually. The organization reported $780K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Interfaith Homeless Outreach Council Inc's spending goes to programs?
Interfaith Homeless Outreach Council Inc directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Interfaith Homeless Outreach Council Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), Interfaith Homeless Outreach Council Inc is above average for NTEE category P20Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Interfaith Homeless Outreach Council Inc located?
Interfaith Homeless Outreach Council Inc is headquartered in Cherry Hill, New Jersey and files with the IRS under EIN 223094664. It is classified under NTEE code P20Z.
How many years of IRS 990 filings does Interfaith Homeless Outreach Council Inc have?
Interfaith Homeless Outreach Council Inc has 14 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $780K in total revenue.
What does Interfaith Homeless Outreach Council Inc do?
Interfaith Homeless Outreach Council Inc is a nonprofit organization in the Human Services sector, located in Cherry Hill, New Jersey. It is classified under NTEE code P20Z.
How much revenue does Interfaith Homeless Outreach Council Inc have?
Interfaith Homeless Outreach Council Inc reported total revenue of $780,356. Based on 14 IRS 990 filings on record.
What are Interfaith Homeless Outreach Council Inc's total assets?
Interfaith Homeless Outreach Council Inc holds total assets of $1,810,674 as reported in IRS 990 filings.
Where is Interfaith Homeless Outreach Council Inc located?
Interfaith Homeless Outreach Council Inc is based in Cherry Hill, New Jersey.
What is Interfaith Homeless Outreach Council Inc's EIN?
Interfaith Homeless Outreach Council Inc's Employer Identification Number (EIN) is 223094664. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Interfaith Homeless Outreach Council Inc?
Interfaith Homeless Outreach Council Inc is classified under NTEE code P20Z (Human Services).
Is Interfaith Homeless Outreach Council Inc a registered 501(c)(3)?
Yes, Interfaith Homeless Outreach Council Inc is recognized as a tax-exempt organization by the IRS. EIN: 223094664.
Does Interfaith Homeless Outreach Council Inc file IRS Form 990?
Yes, Interfaith Homeless Outreach Council Inc has 14 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Interfaith Homeless Outreach Council Inc's revenue in 2023?
In the 202312 filing period, Interfaith Homeless Outreach Council Inc reported total revenue of $157,930, total expenses of $106,950, and net assets of $302,957.
Is Interfaith Homeless Outreach Council Inc's revenue growing or declining?
Interfaith Homeless Outreach Council Inc's revenue is growing. Revenue went from $84,298 (202212) to $157,930 (202312), a +87.3% change. Based on 14 filings on record.
What is Interfaith Homeless Outreach Council Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Interfaith Homeless Outreach Council Inc covers tax period 202312. It shows revenue of $157,930, expenses of $106,950, total assets of $302,957, and liabilities of $108,482.
How much does Interfaith Homeless Outreach Council Inc spend on programs vs administration?
Based on IRS 990 analysis, Interfaith Homeless Outreach Council Inc allocates approximately 90% of expenses to program services, 5% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Interfaith Homeless Outreach Council Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Interfaith Homeless Outreach Council Inc appears trustworthy. Mission Score: 75/100 (Good). 2 red flags identified. 3 strengths noted.
What are the red flags for Interfaith Homeless Outreach Council Inc?
The following concerns were identified: Lack of detailed program reporting makes it difficult to assess the specific impact of their services.. Limited transparency regarding the allocation of administrative and fundraising expenses.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Interfaith Homeless Outreach Council Inc's strengths?
Positive indicators for Interfaith Homeless Outreach Council Inc include: Consistently high percentage of expenses dedicated to programs (e.g., 90% in 2023).. No reported executive compensation, suggesting a volunteer-driven leadership.. Positive net assets growth over several years, indicating financial stability.. These findings are derived from AI analysis of the organization's financial filings.
How does Interfaith Homeless Outreach Council Inc compensate executives?
The organization reports 'compensation of officers, directors, trustees, key employees, and highest compensated employees' as $0 across all available filings, indicating no paid executive compensation. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the reported $0 in executive compensation, how does the organization manage its operational and strategic leadership?
The absence of reported executive compensation suggests that leadership roles may be filled by volunteers or that compensation is covered through other means not explicitly detailed in public filings, which could impact long-term sustainability or professional capacity.
With a significant portion of expenses allocated to programs, what specific types of programs or services does Interfaith Homeless Outreach Council Inc provide to the community?
While the filings indicate high program spending, the specific nature of these programs (e.g., shelter, food, job training, counseling) is not detailed, making it challenging to understand the direct impact of their financial allocations.
Filing History
IRS 990 filing history for Interfaith Homeless Outreach Council Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Interfaith Homeless Outreach Council Inc's revenue has grown by 50.4%, moving from $105K to $158K. Total assets increased by 197.9% over the same period, from $102K to $303K. Total functional expenses fell by 22%, from $137K to $107K. In its most recent filing year (2023), Interfaith Homeless Outreach Council Inc reported a surplus of $51K, with revenue exceeding expenses. The organization holds $108K in liabilities against $303K in assets (debt-to-asset ratio: 35.8%), resulting in net assets of $194K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $158K | $107K | $303K | $108K | — | — |
| 2022 | $84K | $85K | $151K | $7K | — | View 990 |
| 2021 | $143K | $113K | $167K | $23K | — | View 990 |
| 2020 | $142K | $113K | $144K | $29K | — | View 990 |
| 2019 | $139K | $124K | $111K | $25K | — | View 990 |
| 2018 | $134K | $132K | $104K | $34K | — | View 990 |
| 2017 | $108K | $119K | $75K | $7K | — | — |
| 2016 | $110K | $111K | $88K | $9K | — | View 990 |
| 2015 | $127K | $113K | $90K | $10K | — | View 990 |
| 2014 | $117K | $105K | $75K | $9K | — | View 990 |
| 2013 | $122K | $115K | $68K | $15K | — | View 990 |
| 2012 | $85K | $107K | $56K | $10K | — | View 990 |
| 2011 | $90K | $118K | $79K | $12K | — | View 990 |
| 2010 | $105K | $137K | $102K | $7K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $158K, expenses of $107K, and assets of $303K (revenue +87.3% year-over-year).
- 2022: Revenue of $84K, expenses of $85K, and assets of $151K (revenue -41.1% year-over-year).
- 2021: Revenue of $143K, expenses of $113K, and assets of $167K (revenue +0.6% year-over-year).
- 2020: Revenue of $142K, expenses of $113K, and assets of $144K (revenue +2.1% year-over-year).
- 2019: Revenue of $139K, expenses of $124K, and assets of $111K (revenue +4.4% year-over-year).
- 2018: Revenue of $134K, expenses of $132K, and assets of $104K (revenue +24.2% year-over-year).
- 2017: Revenue of $108K, expenses of $119K, and assets of $75K (revenue -1.9% year-over-year).
- 2016: Revenue of $110K, expenses of $111K, and assets of $88K (revenue -13.8% year-over-year).
- 2015: Revenue of $127K, expenses of $113K, and assets of $90K (revenue +8.5% year-over-year).
- 2014: Revenue of $117K, expenses of $105K, and assets of $75K (revenue -4.3% year-over-year).
- 2013: Revenue of $122K, expenses of $115K, and assets of $68K (revenue +43.3% year-over-year).
- 2012: Revenue of $85K, expenses of $107K, and assets of $56K (revenue -5.4% year-over-year).
- 2011: Revenue of $90K, expenses of $118K, and assets of $79K (revenue -13.9% year-over-year).
- 2010: Revenue of $105K, expenses of $137K, and assets of $102K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Interfaith Homeless Outreach Council Inc:
Data Sources and Methodology
This transparency report for Interfaith Homeless Outreach Council Inc 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.