Good Shepherd Medication Management

Analysis

Good Shepherd Medication Management is a registered charity in United States, based in Memphis, TN. It received its IRS tax-exemption ruling in June 2014, 12 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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, Good Shepherd Medication Management reported income of $815k and spending of $1.3m, spending 155% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $5.0m to $815k (-84%), an average of -36% a year. The sharpest change came in the year to December 2023, when income dropped by 65%. Over the whole period it spent 128% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Good Shepherd Medication Management sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 79th percentile within TN. Charities of a similar size with the same main cause include Mission Park Housing Incorporated ($815k), The Spectra Organization Inc ($815k) and Advocacy Center of Winona ($815k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 67% and program service revenue 33% of the total. Compensation of current officers, directors and key employees was $120k (9.5% of expenses). Other salaries and wages came to $5,000. At year end it held assets of $345k against liabilities of $565k, net assets of -$220k. It reported 2 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.