Sheltering Tree Inc

Analysis

Sheltering Tree Inc is a registered charity in United States, based in Papillion, NE. It received its IRS tax-exemption ruling in July 2007, 19 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Sheltering Tree Inc reported income of $2.4m and spending of $664k, leaving 72% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.5m to $2.4m (+59%), an average of +12% a year. The sharpest change came in the year to December 2023, when income rose by 143%. Over the whole period it spent 27% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Sheltering Tree Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within NE. Charities of a similar size with the same main cause include Safe Haven Ministries Inc ($2.4m), Texas Ramp Project ($2.4m) and Rescue Incorporated ($2.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% and program service revenue 6.6% of the total. Compensation of current officers, directors and key employees was $210k (32% of expenses). Other salaries and wages came to $110k. At year end it held assets of $7.2m against liabilities of $16k, net assets of $7.2m. It reported 26 employees.