Ne Mo Sheltered Workshop Inc

Analysis

Ne Mo Sheltered Workshop Inc is a registered charity in United States, based in Hannibal, MO. It received its IRS tax-exemption ruling in June 1970, 56 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 September 2023, Ne Mo Sheltered Workshop Inc reported income of $327k and spending of $324k, spending 99% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $355k to $327k (-7.9%), an average of -2.0% a year. The sharpest change came in the year to September 2021, when income rose by 39%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Ne Mo Sheltered Workshop Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 60th percentile within MO. Charities of a similar size with the same main cause include Okemah Community Special Housing Authority Inc ($327k), Laborers of the Harvest ($327k) and Alpha Omega Council Inc ($327k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 90% and program service revenue 9.1% of the total. Other salaries and wages came to $198k. At year end it held assets of $201k against liabilities of $68k, net assets of $133k. It reported 24 employees.