Interfaith Partnership For The Homeless
Interfaith Partnership For The Homeless shows consistent growth and no reported officer compensation over a decade.
EIN: 141666321 · Albany, NY · NTEE: L41Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $10.1M |
| Total Expenses | $6.3M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $6 |
| Net Assets | $11.7M |
| Transparency Score | 92/100 |
Is Interfaith Partnership For The Homeless Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Interfaith Partnership For The Homeless directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Interfaith Partnership For The Homeless
Interfaith Partnership For The Homeless (EIN: 141666321) is a nonprofit organization based in Albany, NY, classified under NTEE code L41Z. The organization reported total revenue of $10.1M and total assets of $18.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Interfaith Partnership For The Homeless's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Interfaith Partnership For The Homeless is a large nonprofit that has been operating for 41 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 13.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $6.7M |
| Total Expenses | $6.3M |
| Surplus / Deficit | +$410K |
| Total Assets | $15.7M |
| Total Liabilities | $4.0M |
| Net Assets | $11.7M |
| Operating Margin | 6.1% |
| Debt-to-Asset Ratio | 25.3% |
| Months of Reserves | 29.8 months |
Financial Health Grade: A
In 2023, Interfaith Partnership For The Homeless reported a surplus of $410K with revenue exceeding expenses, holds 29.8 months of operating reserves (strong position), has a debt-to-asset ratio of 25.3% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Interfaith Partnership For The Homeless's revenue has grown at a compound annual growth rate (CAGR) of 13.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +15.7% | +9.7% | +5.7% |
| 2022 | +4.9% | +10.6% | +1.3% |
| 2021 | -29.4% | +3.7% | +4.5% |
| 2020 | +47.2% | +21.9% | -10.9% |
| 2019 | +35.5% | +16.2% | +12.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1985 |
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 Partnership For The Homeless with a Mission Score of 92 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Interfaith Partnership For The Homeless allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. 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 $410K, with revenue exceeding expenses.
- Debt-to-asset ratio: 25.3%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings from 2014 to 2023, which is highly unusual for an organization of its size with over $6 million in annual expenses and $15 million in assets. This suggests either a fully volunteer executive leadership or that compensation is categorized differently, warranting further investigation for complete transparency.
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 Partnership For The Homeless's IRS 990 filings:
- Consistent 0% officer compensation for an organization of this size could indicate a lack of transparency in reporting executive compensation, or that key leadership roles are genuinely unpaid, which is unusual for an organization with over $6 million in annual expenses.
Strengths
The following positive indicators were identified for Interfaith Partnership For The Homeless:
- Consistent revenue growth from $1.7M in 2014 to $6.7M in 2023, demonstrating strong financial sustainability.
- Significant asset growth from $4.4M in 2014 to $15.6M in 2023, indicating effective asset management and financial health.
- Expenses consistently lower than revenue, allowing for asset accumulation and financial stability.
- Reported 0% officer compensation across all filings, suggesting a high dedication to program spending and potentially volunteer leadership.
- Positive net assets, with assets consistently exceeding liabilities, indicating a strong balance sheet.
Frequently Asked Questions about Interfaith Partnership For The Homeless
Is Interfaith Partnership For The Homeless a legitimate charity?
Interfaith Partnership For The Homeless (EIN: 141666321) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 92/100. It has 13 years of IRS 990 filings on record. Total revenue: $10.1M. 1 red flag identified. 5 strengths noted. Financial health grade: A.
How does Interfaith Partnership For The Homeless spend its money?
Interfaith Partnership For The Homeless directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.
Are donations to Interfaith Partnership For The Homeless tax-deductible?
Interfaith Partnership For The Homeless is registered as a tax-exempt nonprofit (EIN: 141666321). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Interfaith Partnership For The Homeless CEO make?
Interfaith Partnership For The Homeless's highest-compensated officer earns $6 annually. The organization reported $10.1M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Interfaith Partnership For The Homeless's spending goes to programs?
Interfaith Partnership For The Homeless directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Interfaith Partnership For The Homeless compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Interfaith Partnership For The Homeless is above average for NTEE category L41Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Interfaith Partnership For The Homeless located?
Interfaith Partnership For The Homeless is headquartered in Albany, New York and files with the IRS under EIN 141666321. It is classified under NTEE code L41Z.
How many years of IRS 990 filings does Interfaith Partnership For The Homeless have?
Interfaith Partnership For The Homeless has 13 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 $10.1M in total revenue.
Is Interfaith Partnership For The Homeless a good charity?
Based on the available financial data, Interfaith Partnership For The Homeless appears to be a financially healthy and well-managed charity. They have demonstrated consistent revenue and asset growth, and notably report 0% officer compensation, which suggests a strong commitment to directing funds towards their mission.
How has the organization's financial health changed over the past decade?
The organization has shown significant financial growth and stability over the past decade. Revenue increased from $1,713,218 in 2014 to $6,732,576 in 2023, and assets grew from $4,401,238 to $15,685,502 in the same period, indicating robust financial management and expansion.
What is the significance of 0% officer compensation?
The consistent reporting of 0% officer compensation is a strong indicator of the organization's dedication to its mission, as it implies that executive leadership is either unpaid or compensated through non-officer categories, maximizing funds available for programs. However, for an organization of this scale, it's also a point that might warrant deeper inquiry into how leadership is sustained.
Filing History
IRS 990 filing history for Interfaith Partnership For The Homeless showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Interfaith Partnership For The Homeless's revenue has grown by 366.4%, moving from $1.4M to $6.7M. Total assets increased by 321.3% over the same period, from $3.7M to $15.7M. Total functional expenses rose by 302.9%, from $1.6M to $6.3M. In its most recent filing year (2023), Interfaith Partnership For The Homeless reported a surplus of $410K, with revenue exceeding expenses. The organization holds $4.0M in liabilities against $15.7M in assets (debt-to-asset ratio: 25.3%), resulting in net assets of $11.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $6.7M | $6.3M | $15.7M | $4.0M | — | — |
| 2022 | $5.8M | $5.8M | $14.8M | $3.5M | — | View 990 |
| 2021 | $5.5M | $5.2M | $14.6M | $3.3M | — | View 990 |
| 2020 | $7.9M | $5.0M | $14.0M | $3.1M | — | — |
| 2019 | $5.3M | $4.1M | $15.7M | $7.6M | — | View 990 |
| 2018 | $3.9M | $3.5M | $14.0M | $7.1M | — | View 990 |
| 2017 | $4.1M | $3.1M | $6.9M | $452K | — | View 990 |
| 2016 | $3.5M | $2.4M | $6.0M | $615K | — | View 990 |
| 2015 | $2.1M | $2.0M | $4.7M | $4.8M | — | View 990 |
| 2014 | $1.7M | $1.9M | $4.4M | $4.6M | — | View 990 |
| 2013 | $1.6M | $1.7M | $4.5M | $4.6M | — | View 990 |
| 2012 | $1.5M | $1.6M | $3.7M | $3.6M | — | View 990 |
| 2011 | $1.4M | $1.6M | $3.7M | $3.5M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $6.7M, expenses of $6.3M, and assets of $15.7M (revenue +15.7% year-over-year).
- 2022: Revenue of $5.8M, expenses of $5.8M, and assets of $14.8M (revenue +4.9% year-over-year).
- 2021: Revenue of $5.5M, expenses of $5.2M, and assets of $14.6M (revenue -29.4% year-over-year).
- 2020: Revenue of $7.9M, expenses of $5.0M, and assets of $14.0M (revenue +47.2% year-over-year).
- 2019: Revenue of $5.3M, expenses of $4.1M, and assets of $15.7M (revenue +35.5% year-over-year).
- 2018: Revenue of $3.9M, expenses of $3.5M, and assets of $14.0M (revenue -4.7% year-over-year).
- 2017: Revenue of $4.1M, expenses of $3.1M, and assets of $6.9M (revenue +16.7% year-over-year).
- 2016: Revenue of $3.5M, expenses of $2.4M, and assets of $6.0M (revenue +66.7% year-over-year).
- 2015: Revenue of $2.1M, expenses of $2.0M, and assets of $4.7M (revenue +24.1% year-over-year).
- 2014: Revenue of $1.7M, expenses of $1.9M, and assets of $4.4M (revenue +6.6% year-over-year).
- 2013: Revenue of $1.6M, expenses of $1.7M, and assets of $4.5M (revenue +9.8% year-over-year).
- 2012: Revenue of $1.5M, expenses of $1.6M, and assets of $3.7M (revenue +1.4% year-over-year).
- 2011: Revenue of $1.4M, expenses of $1.6M, and assets of $3.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Interfaith Partnership For The Homeless:
Data Sources and Methodology
This transparency report for Interfaith Partnership For The Homeless 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.