Shalom Center of Interfaith Network of Kenosha County Inc
Analysis
Shalom Center of Interfaith Network of Kenosha County Inc is a registered charity in United States, based in Kenosha, WI. It received its IRS tax-exemption ruling in June 1982, 44 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 June 2023, Shalom Center of Interfaith Network of Kenosha County Inc reported income of $3.5m and spending of $3.8m, spending 108% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $5.1m to $3.5m (-31%), an average of -8.7% a year. The sharpest change came in the year to June 2022, when income rose by 51%. Over the whole period it spent 81% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Shalom Center of Interfaith Network of Kenosha County Inc 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 90th percentile, and in the 91st percentile within WI. Charities of a similar size with the same main cause include United Community Centers Inc ($3.5m), Norwegian Lutheran Bethesda Home Association ($3.5m) and Farm Rescue ($3.5m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $95k (2.5% of expenses). Other salaries and wages came to $716k. At year end it held assets of $7.5m against liabilities of $77k, net assets of $7.4m. It reported 39 employees.
Income and spending
Where the income comes from
- Contributions & grants 98%
- Other 1.8%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| United Community Centers Inc | Fort Worth | $3.5m |
| Norwegian Lutheran Bethesda Home Association | Chicago | $3.5m |
| Farm Rescue | Horace | $3.5m |
| Equity and Transformation | Berwyn | $3.5m |