Good Shepherd Services

Analysis

Good Shepherd Services is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in July 2015, 11 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, Good Shepherd Services reported income of $123.8m and spending of $120.2m, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $149.1m to $123.8m (-17%), an average of -4.5% a year. The sharpest change came in the year to June 2020, when income dropped by 23%. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Good Shepherd Services sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within NY. Charities of a similar size with the same main cause include Community Hospice of Northeast Florida Inc ($123.8m), Arc Thrift Stores ($123.9m) and The Young Mens Christian Association of Greater Seattle ($123.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 65% and program service revenue 34% of the total. Compensation of current officers, directors and key employees was $703k (0.6% of expenses). Other salaries and wages came to $60.8m. It paid $86k in professional fundraising fees. At year end it held assets of $158.8m against liabilities of $33.5m, net assets of $125.3m. It reported 2,262 employees.