Shalom Inc

Analysis

Shalom Inc is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in November 1977, 49 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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 2022, Shalom Inc reported income of $769k and spending of $720k, spending 94% of its income. Across the 4 years on record, from June 2019 to June 2022, income grew from $710k to $769k (+8.3%), an average of +2.7% a year. The sharpest change came in the year to June 2022, when income rose by 17%. Over the whole period it spent 99% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Shalom Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 74th percentile within PA. Charities of a similar size with the same main cause include The Matinsburg Initiative Inc ($769k), Phoenix Allies for Community Health ($769k) and Dickson Community Clinic Inc ($768k).

On its Form 990 for the period ending June 2022, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $77k (11% of expenses). Other salaries and wages came to $352k. At year end it held assets of $240k against liabilities of $215k, net assets of $25k. It reported 11 employees.