Independent Montefiore Shelter Home

Analysis

Independent Montefiore Shelter Home is a registered charity in United States, based in Pepper Pike, OH. It received its IRS tax-exemption ruling in November 1965, 61 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 2023, Independent Montefiore Shelter Home reported income of $196k and spending of $276k, spending 141% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $258k to $196k (-24%), an average of -6.6% a year. Over the whole period it spent 118% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Independent Montefiore Shelter Home sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 54th percentile within OH. Charities of a similar size with the same main cause include S E a Crusades ($196k), Great River Arts Association ($196k) and Cultural Media Collaborative Inc ($196k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $16k (6.0% of expenses). Other salaries and wages came to $84k. At year end it held assets of $1.9m against liabilities of $11k, net assets of $1.9m.

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.