Shanthi Project
Analysis
Shanthi Project is a registered charity in United States, based in Allentown, PA. It received its IRS tax-exemption ruling in October 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 June 2023, Shanthi Project reported income of $373k and spending of $342k, spending 92% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $232k to $373k (+61%), an average of +17% a year. The sharpest change came in the year to June 2021, when income rose by 54%. Over the whole period it spent 86% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Shanthi Project sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 64th percentile within PA. Charities of a similar size with the same main cause include Network Ministries ($373k), Shepherd Youth Ranch Inc ($373k) and High Point Foundation ($373k).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 50% and program service revenue 50% of the total. Other salaries and wages came to $199k. At year end it held assets of $202k against liabilities of $832, net assets of $201k. It reported 16 employees.
Income and spending
Where the income comes from
- Contributions & grants 50%
- Program services 50%
- Other 0.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Network Ministries | Chambersburg | $373k |
| Shepherd Youth Ranch Inc | Raleigh | $373k |
| High Point Foundation | Kane | $373k |
| Nehemiah Community Empowerment Center Inc | Greensboro | $373k |