Good Shepherd Homes Inc

Analysis

Good Shepherd Homes Inc is a registered charity in United States, based in Sauk Rapids, MN. It received its IRS tax-exemption ruling in December 1978, 48 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Good Shepherd Homes Inc reported income of $683k and spending of $671k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $618k to $683k (+10%), an average of +2.5% a year. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Good Shepherd Homes Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 74th percentile within MN. Charities of a similar size with the same main cause include Coalfield Water Development Fun Inc ($683k), United States Collegiate Ski and Snowboard Association ($683k) and Western States College of Construction ($683k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 98% of the total. Other salaries and wages came to $147k. At year end it held assets of $1.8m against liabilities of $2.1m, net assets of -$321k.