Shepherd Higher Education Consortium on Poverty Inc

Analysis

Shepherd Higher Education Consortium on Poverty Inc is a registered charity in United States, based in Lexington, VA. It received its IRS tax-exemption ruling in July 2013, 13 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Shepherd Higher Education Consortium on Poverty Inc reported income of $503k and spending of $435k, spending 86% of its income. Across the 6 years on record, from August 2019 to December 2023, income fell from $967k to $503k (-48%), an average of -12% a year. The sharpest change came in the year to December 2020, when income rose by 141%. Over the whole period it spent 106% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Shepherd Higher Education Consortium on Poverty Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 70th percentile within VA. Charities of a similar size with the same main cause include Dignity Project ($503k), Ashreinu Inc ($503k) and Transforming Futures Charitable Foundation ($503k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 36% and program service revenue 62% of the total. At year end it held assets of $371k against liabilities of $157k, net assets of $215k.