Sheltercare
Analysis
Sheltercare is a registered charity in United States, based in Eugene, OR. It received its IRS tax-exemption ruling in February 1997, 29 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, Sheltercare reported income of $7.4m and spending of $7.6m, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $8.7m to $7.4m (-14%), an average of -3.8% a year. The sharpest change came in the year to June 2023, when income dropped by 35%. Over the whole period it spent 106% of the income it received.
Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Sheltercare sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within OR. Charities of a similar size with the same main cause include New Hope Community Capital Inc ($7.4m), Better Housing Coalition ($7.4m) and People Incorporated Housing Group ($7.4m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 80% and program service revenue 16% of the total. Compensation of current officers, directors and key employees was $259k (3.4% of expenses). Other salaries and wages came to $2.6m. At year end it held assets of $4.1m against liabilities of $2.4m, net assets of $1.7m. It reported 113 employees.
Income and spending
Where the income comes from
- Contributions & grants 80%
- Program services 16%
- Other 4.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| New Hope Community Capital Inc | Boston | $7.4m |
| Better Housing Coalition | Richmond | $7.4m |
| People Incorporated Housing Group | Abingdon | $7.4m |
| Linc Community Development Corporation | Long Beach | $7.4m |