Shield Ministries

Analysis

Shield Ministries is a registered charity in United States, based in N Charleston, SC. It received its IRS tax-exemption ruling in September 2009, 17 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 December 2023, Shield Ministries reported income of $591k and spending of $811k, spending 137% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $349k to $591k (+69%), an average of +14% a year. The sharpest change came in the year to December 2020, when income rose by 251%. Over the whole period it spent 104% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Shield Ministries sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 77th percentile within SC. Charities of a similar size with the same main cause include Noahs Ark Angel Foundation ($591k), Cumberland County Food Security Council ($591k) and Lake County Missions Thrift Store Inc ($591k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 40% and program service revenue 59% of the total. Compensation of current officers, directors and key employees was $124k (15% of expenses). Other salaries and wages came to $274k. At year end it held assets of $2.0m against liabilities of $1.1m, net assets of $852k. It reported 8 employees.