Shoes 4 the Shoeless Inc

Analysis

Shoes 4 the Shoeless Inc is a registered charity in United States, based in Kettering, OH. It received its IRS tax-exemption ruling in January 2011, 15 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Shoes 4 the Shoeless Inc reported income of $897k and spending of $536k, leaving 40% of income unspent that year. Across the 6 years on record, from December 2018 to December 2023, income grew from $435k to $897k (+106%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 29%. Over the whole period it spent 66% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Shoes 4 the Shoeless Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 78th percentile within OH. Charities of a similar size with the same main cause include Childrens Restoration Network Inc ($897k), Christians United Outreach Center of Lee County ($897k) and Kingsburg Community Assistance Program Inc ($897k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $77k (14% of expenses). Other salaries and wages came to $120k. At year end it held assets of $1.5m against liabilities of $4,486, net assets of $1.5m. It reported 4 employees.