Shiloh Place

Analysis

Shiloh Place is a registered charity in United States, based in McKinney, TX. It received its IRS tax-exemption ruling in July 2012, 14 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Shiloh Place reported income of $2.2m and spending of $600k, leaving 73% of income unspent that year. Across the 6 years on record, from December 2018 to December 2023, income grew from $461k to $2.2m (+377%), an average of +37% a year. The sharpest change came in the year to December 2021, when income rose by 342%. Over the whole period it spent 38% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Shiloh Place sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 90th percentile within TX. Charities of a similar size with the same main cause include Assist Inc ($2.2m), Montclair Senior Housing Corporation ($2.2m) and Norman Affordable Housing Corporation ($2.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 0.2% of the total. Compensation of current officers, directors and key employees was $88k (15% of expenses). Other salaries and wages came to $189k. At year end it held assets of $5.7m against liabilities of $13k, net assets of $5.7m. It reported 8 employees.