Shelter Inc Suite 203

Analysis

Shelter Inc Suite 203 is a registered charity in United States, based in Arlington HTS, IL. It received its IRS tax-exemption ruling in October 1974, 52 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, Shelter Inc Suite 203 reported income of $4.3m and spending of $4.3m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.7m to $4.3m (+61%), an average of +13% a year. The sharpest change came in the year to June 2021, when income rose by 24%. Over the whole period it spent 95% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Shelter Inc Suite 203 sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within IL. Charities of a similar size with the same main cause include Metropolitan Denver Homeless Initiative Inc ($4.3m), Transitional Living Services ($4.3m) and Mid-State Opportunity Inc ($4.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 85% and program service revenue 15% of the total. Compensation of current officers, directors and key employees was $143k (3.3% of expenses). Other salaries and wages came to $2.2m. At year end it held assets of $2.1m against liabilities of $1.1m, net assets of $927k. It reported 78 employees.