Sheltering Arms Housing Corporation

Analysis

Sheltering Arms Housing Corporation is a registered charity in United States, based in Saint Joseph, MO. It received its IRS tax-exemption ruling in November 2005, 21 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Sheltering Arms Housing Corporation reported income of $111k and spending of $126k, spending 114% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $56k to $111k (+99%), an average of +19% a year. The sharpest change came in the year to June 2020, when income rose by 48%. Over the whole period it spent 139% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Sheltering Arms Housing Corporation sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 37th percentile within MO. Charities of a similar size with the same main cause include Independent Living of Greenbrier Inc ($111k), LF Bella Vista Apartments Inc ($111k) and West Orange Senior Citizens Housing Assn ($111k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $1.0m against liabilities of $1.7m, net assets of -$630k.

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.