Shelter Development Inc

Analysis

Shelter Development Inc is a registered charity in United States, based in LA Crosse, WI. It received its IRS tax-exemption ruling in March 2015, 11 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, Shelter Development Inc reported income of $178k and spending of $206k, spending 115% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $398k to $178k (-55%), an average of -55% a year. The sharpest change came in the year to December 2023, when income dropped by 55%. Over the whole period it spent 51% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Shelter Development Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 50th percentile within WI. Charities of a similar size with the same main cause include Wickham Park Senior Center Assoc Inc ($178k), Braver Collective ($178k) and The Colleagues Helpers in Philantropic Service ($178k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 86% and program service revenue 14% of the total. Other salaries and wages came to $62k. At year end it held assets of $1.2m against liabilities of $662k, net assets of $572k. It reported 3 employees.