Shalom Mountain Inc

Analysis

Shalom Mountain Inc is a registered charity in United States, based in Livingstn MNR, NY. It received its IRS tax-exemption ruling in December 1994, 32 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 Mountain Inc reported income of $477k and spending of $487k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $451k to $477k (+5.7%), an average of +1.4% a year. The sharpest change came in the year to December 2021, when income rose by 107%. Over the whole period it spent 89% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Shalom Mountain Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 65th percentile within NY. Charities of a similar size with the same main cause include Vecna Cares Charitable TR ($477k), Auguste Escoffier Educational Fund Inc ($477k) and Prairieland United Way Inc ($476k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 13% and program service revenue 80% of the total. Compensation of current officers, directors and key employees was $66k (13% of expenses). Other salaries and wages came to $21k. At year end it held assets of $1.9m against liabilities of $547k, net assets of $1.3m. It reported 5 employees.