New Community Shelter Inc

Analysis

New Community Shelter Inc is a registered charity in United States, based in Green Bay, WI. It received its IRS tax-exemption ruling in September 1994, 32 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 December 2023, New Community Shelter Inc reported income of $2.3m and spending of $2.3m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.0m to $2.3m (+17%), an average of +4.0% a year. The sharpest change came in the year to December 2020, when income rose by 36%. Over the whole period it spent 86% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, New Community Shelter Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within WI. Charities of a similar size with the same main cause include Walden Oaks Apartments Preservation NFP ($2.3m), House of Refuge Sunnyslope Inc ($2.3m) and Ellen Kennedy Living Center ($2.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% and program service revenue 2.0% of the total. Compensation of current officers, directors and key employees was $168k (7.3% of expenses). Other salaries and wages came to $993k. At year end it held assets of $6.2m against liabilities of $330k, net assets of $5.8m. It reported 42 employees.