Shelter House Community Shelter and Transition Services

Analysis

Shelter House Community Shelter and Transition Services is a registered charity in United States, based in Iowa City, IA. It received its IRS tax-exemption ruling in July 1984, 42 years ago. 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, Shelter House Community Shelter and Transition Services reported income of $8.8m and spending of $6.0m, leaving 32% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.7m to $8.8m (+136%), an average of +24% a year. The sharpest change came in the year to December 2021, when income rose by 107%. Over the whole period it spent 74% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Shelter House Community Shelter and Transition Services sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within IA. Charities of a similar size with the same main cause include Good Samaritan Family Resource Center of San Francisco ($8.8m), The Arc of Greater New Orleans ($8.8m) and Montana Rescue Mission ($8.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% and program service revenue 9.2% of the total. Compensation of current officers, directors and key employees was $266k (4.4% of expenses). Other salaries and wages came to $2.6m. At year end it held assets of $18.8m against liabilities of $2.5m, net assets of $16.3m. It reported 151 employees.