Shelter for Women Inc

Analysis

Shelter for Women Inc is a registered charity in United States, based in Hartford, CT. It received its IRS tax-exemption ruling in August 1934, 92 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 June 2023, Shelter for Women Inc reported income of $178k and spending of $301k, spending 169% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $411k to $178k (-57%), an average of -19% a year. The sharpest change came in the year to June 2020, when income dropped by 58%. Over the whole period it spent 140% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Shelter for Women Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 49th percentile within CT. Charities of a similar size with the same main cause include The Trayvon Martin Foundation Inc ($178k), Moral Values Program ($178k) and Key Collective ($178k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 93% of the total. Other salaries and wages came to $82k. At year end it held assets of $6.9m against liabilities of $0, net assets of $6.9m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.