Shalom Health Care Center Inc

Analysis

Shalom Health Care Center Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in November 2002, 24 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Shalom Health Care Center Inc reported income of $10.3m and spending of $10.8m, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $8.3m to $10.3m (+24%), an average of +5.5% a year. The sharpest change came in the year to December 2020, when income rose by 26%. Over the whole period it spent 96% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Shalom Health Care Center 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 95th percentile, and in the 96th percentile within IN. Charities of a similar size with the same main cause include Phoenix House Orange County Inc ($10.3m), Hitchcock Center for Women Inc ($10.3m) and Joe Dimaggio Childrens Hospital Foundation Inc ($10.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 43% and program service revenue 58% of the total. Compensation of current officers, directors and key employees was $1.7m (16% of expenses). Other salaries and wages came to $6.8m. At year end it held assets of $4.7m against liabilities of $3.4m, net assets of $1.3m. It reported 124 employees.