Shekinah Resource Foundation
Analysis
Shekinah Resource Foundation is a registered charity in United States, based in Winston Salem, NC. It received its IRS tax-exemption ruling in October 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending December 2023, Shekinah Resource Foundation reported income of $251k and spending of $0, leaving 100% of income unspent that year. The sharpest change came in the year to December 2023, when income dropped by 60%. 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, Shekinah Resource Foundation sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 56th percentile within NC. Charities of a similar size with the same main cause include Dynamic Indepencence Inc ($251k), Sweet Babies ($251k) and Marthas Kitchen ($251k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $875k against liabilities of $640k, net assets of $235k.
Income and spending
Where the income comes from
- Contributions & grants 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Dynamic Indepencence Inc | Bartlesville | $251k |
| Sweet Babies | Saint Louis | $251k |
| Marthas Kitchen | St Albans | $251k |
| Wapakoneta Childrens Learning Center | Wapakoneta | $251k |