Shelter From the Storm Ministries Inc

Analysis

Shelter From the Storm Ministries Inc is a registered charity in United States, based in Sun Prairie, WI. It received its IRS tax-exemption ruling in September 2014, 12 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 From the Storm Ministries Inc reported income of $744k and spending of $486k, leaving 35% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $277k to $744k (+169%), an average of +28% a year. The sharpest change came in the year to December 2020, when income rose by 89%. Over the whole period it spent 88% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Shelter From the Storm Ministries Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 76th percentile within WI. Charities of a similar size with the same main cause include Mississippi Housing Partnership ($744k), Tanner Properties Inc ($744k) and Habitat for Humanity International Inc ($744k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 1.0% of the total. Compensation of current officers, directors and key employees was $76k (16% of expenses). Other salaries and wages came to $116k. At year end it held assets of $1.4m against liabilities of $439k, net assets of $982k. It reported 11 employees.