Good Shepherd Housing Development Corporation

Analysis

Good Shepherd Housing Development Corporation is a registered charity in United States, based in Allentown, PA. It received its IRS tax-exemption ruling in March 2002, 24 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 2023, Good Shepherd Housing Development Corporation reported income of $221k and spending of $315k, spending 143% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $197k to $221k (+12%), an average of +3.0% a year. Over the whole period it spent 146% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Good Shepherd Housing Development Corporation sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 53rd percentile within PA. Charities of a similar size with the same main cause include New Directions Housing Corporation ($221k), Ashley Directions Inc ($221k) and Cerebral Palsy of Utah Housing Corporation ($221k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $29k. At year end it held assets of $518k against liabilities of $1.6m, net assets of -$1.1m.

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.