Good Shepard Home Workers Compensation Trust

Analysis

Good Shepard Home Workers Compensation Trust is a registered charity in United States, based in King of Prussia, PA. It received its IRS tax-exemption ruling in June 1990, 36 years ago. Its declared purposes cover mutual and membership benefit, which this site groups under other charitable purposes. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending April 2023, Good Shepard Home Workers Compensation Trust reported income of $1.5m and spending of $2.1m, spending 138% of what it took in. Across the 4 years on record, from April 2020 to April 2023, income fell from $2.4m to $1.5m (-37%), an average of -14% a year. The sharpest change came in the year to April 2023, when income dropped by 41%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Good Shepard Home Workers Compensation Trust sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 82nd percentile within PA. Charities of a similar size with the same main cause include Women in Need Inc ($1.5m), Johnson County Family Crisis Center ($1.5m) and Insurance Accounting & Systems Association Inc ($1.5m).

On its Form 990 for the period ending April 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $0 against liabilities of $0, net assets of $0.