Interfaith Council for Action Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
TO FOSTER, PROMOTE, AND SPONSOR BETTER HOUSING, RECREATIONAL, EDUCATIONAL, OR SOCIAL CONDITIONS FOR LOW TO MODERATE INCOME EARNERS.
- Income
- $2.6 million
- Spending
- $2.7 million
- Spent on programs
- 93%
- Reserves
- -5.9 months of spending
- Largest source of income
- fees for its services, 47%
- Employees
- 16
- Volunteers
- 15
- Highest pay
- $117,947, former executive director
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Weak: 43 out of 100. Higher than 22% of charities in its peer group (housing, $1m to $10m).
Reserves
0 of 35Spendable reserves are negative: it owes or has committed more than it holds.
Debt
10 of 20It owes 40% of what it owns.
Living within its means
8 of 15Spending exceeded income by 3% of income.
Income trend
10 of 15Income fell 1% on the year before.
Spending floor
15 of 1593% of spending went to programs and raising each dollar of donations cost 2 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 100 out of 100. Higher than 70% of charities in its peer group (housing, $1m to $10m).
Independent board
25 of 2510 of 10 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (4)
- $1.1 million spent. IFCA OWNS AND MANAGES 16 MULTI-FAMILY BUILDINGS IN OSSINING AND TARRYTOWN, NY, COMPRISED OF 93 RENTAL APARTMENTS. APPROXIMATELY 220 LOW AND MODERATE INCOME PEOPLE RESIDE IN THESE APARTMENTS. THE RENTS ARE SET BELOW MARKET RATES, ENSURING THAT INDIVIDUALS AND FAMILIES HAVE ACCESS TO SAFE, QUALITY, AND AFFORDABLE HOUSING IN THE COMMUNITY WHERE THEY LIVE AND WORK.
- $742,993 spent. SINCE THE 1980'S, IFCA HAS PARTNERED WITH THE WESTCHESTER COUNTY DEPARTMENT OF SOCIAL SERVICES TO PROVIDE SCATTER-SITE EMERGENCY APARTMENTS FOR FAMILIES TRANSITIONING FROM A HOMELESS SHELTER TO TEMPORARY HOUSING. OUR ON-STAFF SOCIAL WORKERS PROVIDE CASE MANAGEMENT SERVICES TO ASSIST FAMILIES ON THEIR PATH TO SELF SUFFICIENCY.
- $239,749 spent. THANKS TO FUNDING FROM THE NEW YORK STATE HOME LOCAL PROGRAM, IFCA IS ABLE TO ADMINISTER THE TENANT BASED RENTAL ASSISTANCE ("TBRA") PROGRAM. THE TBRA PROGRAM PROVIDES A MONTHLY RENTAL SUBSIDY AND/OR A SECURITY DEPOSIT ASSISTANCE GRANT TO INDIVIDUALS AND FAMILIES THAT MEET THE ELIGIBILITY REQUIREMENTS. THESE HOME FUNDS ARE INTENDED TO PROVIDE DIRECT ASSISTANCE TO HOUSEHOLDS PAYING MORE THAN 30% OF THEIR MONTHLY INCOME FOR RENT OR SECURITY DEPOSIT ASSISTANCE. TBRA IS A RENTAL SUBSIDY THAT HELPS FILL THE GAP BETWEEN WHAT A RENTER CAN AFFORD AND THE ACTUAL RENT FOR A PLACE TO CALL HOME.
- $380,506 spent. IFCA IS ONE OF THE OLDEST NEW YORK STATE NEIGHBORHOOD PRESERVATION COMPANIES IN WESTCHESTER COUNTY, PROVIDING A VARIETY OF PROGRAMS AND SERVICES TO TENANTS AND THE COMMUNITY AT LARGE. IFCA OFFERS HOUSING COUNSELING AND REFERRAL SERVICES, FINANCIAL WORKSHOPS, AND BACK TO SCHOOL SUPPLIES. IN 2008, IFCA OPENED A THRIFT SHOP SELLING CLOTHING AND HOUSEHOLD ITEMS AT VERY LOW COSTS. IFCA'S PROGRAMS REACH AT RISK COMMUNITIES AND FAMILIES. THIS CAN ONLY BE ACCOMPLISHED BY RECEIVING VARIOUS GRANTS THAT FUND THESE ACTIVITIES.OTHER PROGRAM SERVICE EXPENSES ARE COMPRISED OF COSTS INCURRED IN RELATION TO PROPERTY MANAGEMENT. OTHER PROGRAM SERVICE REVENUE IS COMPRISED OF THRIFT SHOP INCOME. IFCA'S THRIFT SHOP SELLS NEW AND GENTLY USED ITEMS, INCLUDING CLOTHING, SHOES, BEDDING, DISHES, POTS AND PANS, COSTUME JEWELRY, AND HANDBAGS, AT VERY AFFORDABLE PRICES. PROCEEDS FROM THE THRIFT SHOP FUND IFCA'S COMMUNITY PROGRAMS.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since May 1968.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.