Sheltered Inc
Analysis
Sheltered Inc is a registered charity in United States, based in Springfield, OH. It received its IRS tax-exemption ruling in April 1991, 35 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 December 2023, Sheltered Inc reported income of $1.9m and spending of $2.0m, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.7m to $1.9m (+12%), an average of +2.8% a year. The sharpest change came in the year to December 2021, when income rose by 160%. Over the whole period it spent 101% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Sheltered Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within OH. Charities of a similar size with the same main cause include Boy Scouts of America ($1.9m), Friends of Cedar Mesa ($1.9m) and Charles Sherrod Community Development Corporation ($1.9m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% and program service revenue 4.5% of the total. Compensation of current officers, directors and key employees was $85k (4.4% of expenses). Other salaries and wages came to $631k. At year end it held assets of $1.4m against liabilities of $863k, net assets of $583k. It reported 47 employees.
Income and spending
Where the income comes from
- Contributions & grants 85%
- Program services 4.5%
- Other 10%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Boy Scouts of America | Roanoke | $1.9m |
| Friends of Cedar Mesa | Bluff | $1.9m |
| Charles Sherrod Community Development Corporation | Albany | $1.9m |
| Brooklyn Hospital Foundation Inc | Brooklyn | $1.9m |