Shalom House Inc 2

Analysis

Shalom House Inc 2 is a registered charity in United States, based in Marietta, GA. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Shalom House Inc 2 reported income of $1.3m and spending of $1.4m, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.0m to $1.3m (+25%), an average of +5.8% a year. The sharpest change came in the year to December 2022, when income rose by 49%. Over the whole period it spent 94% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Shalom House Inc 2 sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 85th percentile within GA. Charities of a similar size with the same main cause include Council of Parent Attorneys and Advocates Inc ($1.3m), Acta Non Verba Youth Urban Farm Project ($1.3m) and Girls Incorporated of Chattanooga ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $721k. At year end it held assets of $243k against liabilities of $0, net assets of $243k. It reported 35 employees.