Sheltering Arms Foundation

Analysis

Sheltering Arms Foundation is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in February 1985, 41 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Sheltering Arms Foundation reported income of $1.8m and spending of $960k, leaving 45% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $986k to $1.8m (+78%), an average of +16% a year. The sharpest change came in the year to June 2024, when income rose by 949%. Over the whole period it spent 110% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Sheltering Arms Foundation 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 85th percentile, and in the 84th percentile within MN. Charities of a similar size with the same main cause include From Ordinary to Extraordinary ($1.8m), Clove Alliance ($1.8m) and V Hechzakta Bo ($1.8m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 3.3% of the total. Compensation of current officers, directors and key employees was $166k (17% of expenses). At year end it held assets of $15.6m against liabilities of $556k, net assets of $15.0m. It reported 1 employees.