Shelter Care Ministries

Analysis

Shelter Care Ministries is a registered charity in United States, based in Rockford, IL. It received its IRS tax-exemption ruling in May 1987, 39 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 June 2023, Shelter Care Ministries reported income of $1.3m and spending of $1.3m, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.1m to $1.3m (+22%), an average of +5.2% a year. The sharpest change came in the year to June 2021, when income rose by 26%. Over the whole period it spent 96% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Shelter Care Ministries sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 82nd percentile within IL. Charities of a similar size with the same main cause include Historic Chicago Bungalow Association ($1.3m), Shoals Presbyterian Apartments Inc ($1.3m) and Casl Housing Corporation ($1.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 93% and program service revenue 3.7% of the total. Compensation of current officers, directors and key employees was $77k (6.1% of expenses). Other salaries and wages came to $365k. At year end it held assets of $1.3m against liabilities of $108k, net assets of $1.2m. It reported 17 employees.