Shield of David Inc Dba the Shield Institute

Analysis

Shield of David Inc Dba the Shield Institute is a registered charity in United States, based in Flushing, NY. It received its IRS tax-exemption ruling in November 1937, 89 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Shield of David Inc Dba the Shield Institute reported income of $30.2m and spending of $29.9m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $36.5m to $30.2m (-17%), an average of -4.7% a year. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Shield of David Inc Dba the Shield Institute sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 97th percentile within NY. Charities of a similar size with the same main cause include Young Mens Christian Association of Greater Tulsa ($30.2m), Chor Youth & Family Services Inc ($30.2m) and Southeast Texas Workforce ($30.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 4.6% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $656k (2.2% of expenses). Other salaries and wages came to $14.4m. At year end it held assets of $28.8m against liabilities of $20.4m, net assets of $8.5m. It reported 357 employees.