New Ulm Ministerial Association Shelter Haus

Analysis

New Ulm Ministerial Association Shelter Haus is a registered charity in United States, based in New Ulm, MN. It received its IRS tax-exemption ruling in April 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, New Ulm Ministerial Association Shelter Haus reported income of $414k and spending of $277k, leaving 33% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $252k to $414k (+64%), an average of +64% a year. The sharpest change came in the year to December 2023, when income rose by 64%. Over the whole period it spent 70% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, New Ulm Ministerial Association Shelter Haus sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 66th percentile within MN. Charities of a similar size with the same main cause include Covenant with Christ International Inc ($414k), Russell County Community Corrections & Court Services ($414k) and Carl B Metoyer Center for Family Counseling ($414k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 73% of the total. Compensation of current officers, directors and key employees was $82k (30% of expenses). Other salaries and wages came to $63k. At year end it held assets of $564k against liabilities of $730, net assets of $563k. It reported 5 employees.