Sheptytsky Arms Inc

Analysis

Sheptytsky Arms Inc is a registered charity in United States, based in Lyndhurst, OH. It received its IRS tax-exemption ruling in March 1984, 42 years ago. 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, Sheptytsky Arms Inc reported income of $2.8m and spending of $360k, leaving 87% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $717k to $2.8m (+292%), an average of +58% a year. The sharpest change came in the year to June 2023, when income rose by 292%. Over the whole period it spent 48% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Sheptytsky Arms Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within OH. Charities of a similar size with the same main cause include West Central Illinois Area Agency on Aging ($2.8m), Resource Foundation Inc ($2.8m) and YMCA of Northern Rock County Inc ($2.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 7.1% and program service revenue 2.9% of the total. Other salaries and wages came to $56k. At year end it held assets of $1.5m against liabilities of $0, net assets of $1.5m. It reported 3 employees.