Shepherds Cove Clothing Pantry Inc

Analysis

Shepherds Cove Clothing Pantry Inc is a registered charity in United States, based in Elkhart, IN. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover public and societal benefit, 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, Shepherds Cove Clothing Pantry Inc reported income of $574k and spending of $489k, spending 85% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.3m to $574k (-55%), an average of -18% a year. The sharpest change came in the year to December 2023, when income rose by 102%. Over the whole period it spent 114% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Shepherds Cove Clothing Pantry Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 72nd percentile within IN. Charities of a similar size with the same main cause include Black River Good Neighbor Services Inc ($574k), Clatsop Community College Foundation ($574k) and Big Brothers Big Sisters of Southwestern Illinois ($574k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $647k against liabilities of $0, net assets of $647k.