Shepherds Inc

Analysis

Shepherds Inc is a registered charity in United States, based in Bridgeport, CT. It received its IRS tax-exemption ruling in October 2000, 26 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Shepherds Inc reported income of $1.2m and spending of $757k, leaving 34% of income unspent that year. Across the 5 years on record, from June 2019 to June 2024, income grew from $1.1m to $1.2m (+6.6%), an average of +1.6% a year. The sharpest change came in the year to June 2024, when income rose by 85%. Over the whole period it spent 82% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Shepherds Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 79th percentile within CT. Charities of a similar size with the same main cause include Wholeschool Mindfulness Inc ($1.2m), Blueprint 15 Inc ($1.2m) and Local Initiatives for Education International ($1.2m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 44% and program service revenue 1.2% of the total. Compensation of current officers, directors and key employees was $144k (19% of expenses). Other salaries and wages came to $114k. At year end it held assets of $900k against liabilities of $11k, net assets of $889k. It reported 7 employees.