Shalva Inc

Analysis

Shalva Inc is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in January 1995, 31 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 May 2023, Shalva Inc reported income of $1.5m and spending of $1.7m, spending 115% of what it took in. Across the 5 years on record, from May 2019 to May 2023, income fell from $1.6m to $1.5m (-5.4%), an average of -1.4% a year. The sharpest change came in the year to May 2020, when income rose by 37%. Over the whole period it spent 78% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Shalva Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 83rd percentile within IL. Charities of a similar size with the same main cause include North Dakota Domestic & Sexual Violence Coalition ($1.5m), Free Foundation for Rehabilitation Equipment & Endowment ($1.5m) and Well Beings ($1.5m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 101% of the total. Compensation of current officers, directors and key employees was $166k (9.7% of expenses). Other salaries and wages came to $783k. It paid $13k in professional fundraising fees. At year end it held assets of $3.5m against liabilities of $244k, net assets of $3.3m. It reported 16 employees.