United Caring Shelters Inc

Analysis

United Caring Shelters Inc is a registered charity in United States, based in Evansville, IN. It received its IRS tax-exemption ruling in September 1993, 33 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 (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, United Caring Shelters Inc reported income of $1.6m and spending of $1.1m, leaving 34% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $964k to $1.6m (+65%), an average of +13% a year. The sharpest change came in the year to December 2023, when income rose by 31%. Over the whole period it spent 84% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, United Caring Shelters Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within IN. Charities of a similar size with the same main cause include Beth-El Center Inc ($1.6m), Falmouth Housing Corporation ($1.6m) and Revere Elderly Housing Inc ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $80k (7.6% of expenses). Other salaries and wages came to $420k. At year end it held assets of $2.7m against liabilities of $3,778, net assets of $2.7m. It reported 50 employees.