Good Shepherd Gardens Inc

Analysis

Good Shepherd Gardens Inc is a registered charity in United States, based in Charlotte, NC. It received its IRS tax-exemption ruling in March 2011, 15 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Good Shepherd Gardens Inc reported income of $159k and spending of $233k, spending 146% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $146k to $159k (+8.9%), an average of +2.2% a year. Over the whole period it spent 145% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Good Shepherd Gardens Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 46th percentile within NC. Charities of a similar size with the same main cause include Lindley Homes ($159k), Drake Manor Housing Development Fund Company Inc ($159k) and Encinitas Preservation Association ($159k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 48% and program service revenue 52% of the total. At year end it held assets of $2.0m against liabilities of $22k, net assets of $2.0m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.