Better Business Bureau Report for
Interfaith Caring Ministries

Better Business Bureau Report issued February 2014
Better Business Bureau Report expires February 2015


This BBB Accredited charity meets all 20 Standards for Charity Accountability and is a Seal Holder. Find out more...


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Charity Contact Information

Name: Interfaith Caring Ministries
Address: 151 Park Ave.
  League City, TX 77573
Phone: 281-332-3881
Web Address: www.icmtx.org
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Better Business Bureau Comments

Year, State Incorporated: 1985, Texas
Affiliates: None
Stated Purpose: ICM's mission is “to serve our community by providing assistance leading to a path of self-sufficiency.”

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Evaluation Conclusions

              

Interfaith Caring Ministries meets the 20 Standards for Charity Accountability.
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Programs

              

ICM provides a wide array of services that address an immediate need including: emergency food or financial assistance with rent and/or utility bills; vouchers to our resale shops for clothes and household items; financial assistance with prescriptions and referrals for no cost doctor, dentist and optometrist visits; a Senior Outreach Program; school supplies and Christmas gifts for children. Furthermore, ICM provides the Webster After-School Computer Lab and our Childcare Assistance Program, which provides financial assistance to help parents pay for childcare while they attend class at an accredited school or training program or if they are newly employed. Annually, they serve more than 3,000 families, and monthly, 130 homebound senior citizens. In 2013, ICM delivered 8,018 services including 2,581 food pantry orders. Homelessness and utility disconnection was prevented for 1,153 households. ICM assists individual adults, senior citizens and families. Of clients, 45% are under 18-years-old. Of families, 50% are single-parent homes.

For the fiscal year ended June 30, 2013, Interfaith Caring Ministries’ program expenses were:

  
Resale Stores 509,948
Client Services 480,123
Food Pantry 66,957
Total Program Expenses: $1,057,028
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Governance

              

Chief Executive : Suzy Domingo, Executive Director
Compensation*: 
$84,460

Chair of the Board: James Waguespack
Chair's Profession / Business Affiliation: Allegiance Bank, Banker

Board Size: 18

Paid Staff Size: 17

*Compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
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Fund Raising

              

Method(s) Used:

direct mail, invitations to fund raising events, grant proposals
Fund raising costs were 17% of related contributions. (Related contributions, which totaled $659,976, are donations received as a result of fund raising activities.)
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Tax Status

              

This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
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Financial

              

The following information is based on Interfaith Caring Ministries’ audited financial statements for the fiscal year ended June 30, 2013.

Source of Funds  
Resale Store Sales 699,373
Grants and Contracts 289,866
Contributions and Support 272,204
Special Events 97,906
Other Income 5,131
Less Direct Costs of Special Events -37,055
Total Income $1,327,425


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Uses of Funds as a % of Total Expenses

Programs: 80%  Fund Raising: 9%  Administrative: 11% 

Total income $1,327,425
Program expenses $1,057,028
Fund raising expenses 114,414
Administrative expenses 141,353
Total expenses $1,312,795
Income in Excess of Expenses 14,630
Beginning net assets 710,985
Ending net assets 572,935
Total liabilities 1,133,599
Total assets $1,706,534


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Complaints

              

The BBB has processed no complaints about this organization in the past 36 months, our standard reporting period.

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An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the BBB Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the Council of Better Business Bureaus, Inc.

This report is not to be used for fund raising or promotional purposes.

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