Shalom Restoration Ministries Inc
Analysis
Shalom Restoration Ministries Inc is a registered charity in United States, based in Pepperell, MA. It received its IRS tax-exemption ruling in April 2016, 10 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending December 2023, Shalom Restoration Ministries Inc reported income of $97k and spending of $71k, leaving 27% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $85k to $97k (+14%), an average of +14% a year. Over the whole period it spent 76% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Shalom Restoration Ministries Inc sits at the 39th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 43rd percentile within MA. Charities of a similar size with the same main cause include Los Ojos de LA Familia Ltd ($97k), Gary Cares ($97k) and Masters of Education Inc ($97k).
On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 43% and program service revenue 57% of the total. At year end it held assets of $194k against liabilities of $0, net assets of $194k.
Income and spending
Where the income comes from
- Contributions & grants 43%
- Program services 57%
- Other 0.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Los Ojos de LA Familia Ltd | Albuquerque | $97k |
| Gary Cares | Gary | $97k |
| Masters of Education Inc | Jacksonville | $97k |
| Youniversal Center | Los Angeles | $97k |