United Society of Shakers

Analysis

United Society of Shakers is a registered charity in United States, based in New Gloucestr, ME. It received its IRS tax-exemption ruling in June 1972, 54 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, United Society of Shakers reported income of $2.0m and spending of $551k, leaving 72% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.2m to $2.0m (-10%), an average of -2.6% a year. The sharpest change came in the year to December 2023, when income rose by 100%. Over the whole period it spent 37% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, United Society of Shakers sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 85th percentile within ME. Charities of a similar size with the same main cause include Pastoral Leadership Institute ($2.0m), One Community Now Inc ($2.0m) and VN Sisters Support Association ($2.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 83% and program service revenue 2.6% of the total. Compensation of current officers, directors and key employees was $64k (12% of expenses). Other salaries and wages came to $164k. At year end it held assets of $9.7m against liabilities of $99k, net assets of $9.6m. It reported 16 employees.