Way of the Shepherd

Analysis

Way of the Shepherd is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in November 2000, 26 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Way of the Shepherd reported income of $760k and spending of $696k, spending 92% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $881k to $760k (-14%), an average of -3.6% a year. The sharpest change came in the year to June 2020, when income dropped by 17%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Way of the Shepherd 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 76th percentile, and in the 75th percentile within MN. Charities of a similar size with the same main cause include Annie Halenbake Ross Library ($760k), Legacy International Online High School ($761k) and Mountain Brook City Schools Foundation ($760k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 39% and program service revenue 44% of the total. Compensation of current officers, directors and key employees was $64k (9.3% of expenses). Other salaries and wages came to $414k. At year end it held assets of $983k against liabilities of $505k, net assets of $478k. It reported 30 employees.