Shalom Ministries Inc

Analysis

Shalom Ministries Inc is a registered charity in United States, based in Mound City, KS. It received its IRS tax-exemption ruling in October 1992, 34 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Shalom Ministries Inc reported income of $232k and spending of $222k, spending 96% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $213k to $232k (+9.2%), an average of +9.2% a year. Over the whole period it spent 92% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Shalom Ministries Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 56th percentile within KS. Charities of a similar size with the same main cause include Christians Teaching Christians ($232k), Lev Hachnasat Orchim Inc ($232k) and Fluitt Ministries Inc ($232k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 64% and program service revenue 36% of the total. Compensation of current officers, directors and key employees was $58k (26% of expenses). At year end it held assets of $363k against liabilities of $0, net assets of $363k.