Shelter for Life International Inc

Analysis

Shelter for Life International Inc is a registered charity in United States, based in Minnetonka, MN. It received its IRS tax-exemption ruling in April 1994, 32 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 September 2023, Shelter for Life International Inc reported income of $7.3m and spending of $7.1m, spending 98% of its income. Across the 5 years on record, from December 2019 to September 2023, income grew from $4.7m to $7.3m (+53%), an average of +11% a year. The sharpest change came in the year to September 2022, when income rose by 58%. Over the whole period it spent 95% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Shelter for Life International Inc sits at the 95th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 93rd percentile within MN. Charities of a similar size with the same main cause include Amazi Water ($7.3m), Friends of Kings College London Association Inc ($7.3m) and Compassion Heritage Foundation Inc ($7.2m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 46% and program service revenue 53% of the total. Compensation of current officers, directors and key employees was $274k (3.8% of expenses). Other salaries and wages came to $3.0m. At year end it held assets of $12.1m against liabilities of $9.9m, net assets of $2.2m. It reported 5 employees.