Shelter Health Services Incorporated

Analysis

Shelter Health Services Incorporated is a registered charity in United States, based in Charlotte, NC. It received its IRS tax-exemption ruling in April 2006, 20 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Shelter Health Services Incorporated reported income of $458k and spending of $526k, spending 115% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income fell from $637k to $458k (-28%), an average of -7.9% a year. The sharpest change came in the year to June 2023, when income dropped by 16%. Over the whole period it spent 103% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Shelter Health Services Incorporated sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 68th percentile within NC. Charities of a similar size with the same main cause include Massachusetts Society for Medical Research Inc ($458k), Patient Revolution Inc ($458k) and Obi Foundation for Bioesthetics Dentistry ($458k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $282k. At year end it held assets of $151k against liabilities of $3,799, net assets of $148k. It reported 9 employees.

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.