Shepherds Ministries Inc

Analysis

Shepherds Ministries Inc is a registered charity in United States, based in Union Grove, WI. It received its IRS tax-exemption ruling in August 2022, 4 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Shepherds Ministries Inc reported income of $6.6m and spending of $6.9m, spending 105% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $6.7m to $6.6m (-1.9%), an average of -0.5% a year. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Shepherds Ministries Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within WI. Charities of a similar size with the same main cause include Icahn Charter School 7 ($6.6m), The New York City Center for Charter School Excellence ($6.6m) and Athletic Foundation of the Univ of North Carolina at Charlotte ($6.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 29% and program service revenue 71% of the total. Compensation of current officers, directors and key employees was $433k (6.3% of expenses). Other salaries and wages came to $3.5m. At year end it held assets of $10.8m against liabilities of $1.8m, net assets of $9.0m. It reported 138 employees.