Inter-faith Alliance Corporation is a 501(c)(3) organization based in Shelby, North Carolina, registered in 2009, with $447,607 in FY2023 revenue. CharityIndex grades it D.
Revenue (FY2023)
$448K
▼ 39.2% vs prior year
Human Services median: $293K
Expenses (FY2023)
$837K
Net assets
-$553K
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Inter-faith Alliance Corporation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Inter-faith Alliance Corporation: 0 mo reserves · -87% margin earns a F on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Inter-faith Alliance Corporation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Inter-faith Alliance Corporation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue declined from $472K (FY2013) to $448K (FY2023) across 10 reported years.
Financial snapshot
Operating margin
-86.9%
Spent more than it raised in the latest fiscal year.
Total assets
$80K
Total liabilities
$633K
Net assets
-$553K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $447,607▼39.2% | $836,597▲14.2% | -$552,839▼237% | $80,017▼74.9% | 990 |
| 2022 | $735,737▲11.4% | $732,426▲8.7% | -$163,849▼6.0% | $319,284▲360% | 990 |
| 2021 | $660,401▲56.0% | $674,012▲30.4% | -$154,506▼130% | $69,461▼95.0% | 990 |
| 2019 | $423,289▼32.0% | $516,853▼3.8% | $518,608▼41.4% | $1,391,849▼10.6% | 990 |
| 2018 | $622,837▼0.8% | $537,320▼5.9% | $884,994▲10.7% | $1,557,641▲14.9% | 990 |
| 2017 | $627,738▲35.1% | $571,083▼0.8% | $799,477▼27.1% | $1,356,110▲1.4% | 990 |
| 2016 | $464,489▲2.3% | $575,615▲23.4% | $1,096,097▼11.0% | $1,336,880▼1.7% | 990 |
| 2015 | $454,117▼57.5% | $466,391▲5.6% | $1,231,167▼1.0% | $1,360,508▲1.8% | 990 |
| 2014 | $1,069,468▲127% | $441,478▲87.4% | $1,243,441▲102% | $1,336,388▲58.4% | 990 |
| 2013 | $471,868 | $235,614 | $615,451 | $843,456 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
8 grants to Inter-faith Alliance Corporation totaling $130K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Donor Advised Charitable Giving | Human services | 2023 | $10,000 |
| North Carolina Community Foundation Inc | Human services | 2021 | $55,000 |
| National Christian Charitable Foundation | Growth | 2020 | $20,000 |
| National Christian Charitable Foundation | Growth | 2018 | $10,000 |
| National Christian Charitable Foundation | Growth | 2017 | $10,000 |
| National Christian Charitable Foundation | Human services | 2016 | $10,000 |
| National Christian Charitable Foundation | Human services | 2015 | $5,000 |
| National Christian Charitable Foundation | Human services | 2014 | $10,000 |
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Data for Inter-faith Alliance Corporation (EIN 80-0361971) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.