Shalom Place Inc

Analysis

Shalom Place Inc is a registered charity in United States, based in Lititz, PA. It received its IRS tax-exemption ruling in January 1980, 46 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, Shalom Place Inc reported income of $194k and spending of $250k, spending 129% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $180k to $194k (+7.6%), an average of +1.8% a year. The sharpest change came in the year to December 2021, when income rose by 20%. Over the whole period it spent 119% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Shalom Place Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 51st percentile within PA. Charities of a similar size with the same main cause include Concerned Citizens for the Rehabilitation of the Homeless Inc ($194k), Minnesota Special Hockey Association ($194k) and Opelousas Pregnancy Center Inc ($194k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $101k (40% of expenses). Other salaries and wages came to $19k. At year end it held assets of $40k against liabilities of $9,390, net assets of $30k. It reported 6 employees.