Community Shelter Board

Analysis

Community Shelter Board is a registered charity in United States, based in Columbus, OH. It received its IRS tax-exemption ruling in December 1986, 40 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 2024, Community Shelter Board reported income of $57.9m and spending of $59.3m, spending 102% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $36.8m to $57.9m (+57%), an average of +12% a year. The sharpest change came in the year to June 2024, when income rose by 19%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Community Shelter Board sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within OH. Charities of a similar size with the same main cause include Goodwill Industries of Southern Nevada Inc ($57.8m), People Incorporated ($58.2m) and Lake County Tribal Health Consortium Inc ($57.8m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 99% and program service revenue 0.4% of the total. Compensation of current officers, directors and key employees was $860k (1.4% of expenses). Other salaries and wages came to $2.1m. At year end it held assets of $29.2m against liabilities of $14.3m, net assets of $14.9m. It reported 40 employees.