Shepherds of Love Ministries Inc

Analysis

Shepherds of Love Ministries Inc is a registered charity in United States, based in Edmond, OK. It received its IRS tax-exemption ruling in April 2003, 23 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Shepherds of Love Ministries Inc reported income of $209k and spending of $171k, spending 82% of its income. Across the 6 years on record, from December 2018 to December 2023, income fell from $212k to $209k (-1.6%), an average of -0.3% a year. The sharpest change came in the year to December 2020, when income rose by 33%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Shepherds of Love Ministries Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 56th percentile within OK. Charities of a similar size with the same main cause include Love Inc of Greater Sheldon ($209k), Backpackbuddy Org Inc ($209k) and Crack the Wellness Code ($209k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $46k (27% of expenses). Other salaries and wages came to $12k. At year end it held assets of $124k against liabilities of $2,010, net assets of $122k. It reported 2 employees.