Village Shalom Inc

Analysis

Village Shalom Inc is a registered charity in United States, based in Overland Park, KS. It received its IRS tax-exemption ruling in May 1997, 29 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, Village Shalom Inc reported income of $25.3m and spending of $32.1m, spending 127% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $17.3m to $25.3m (+46%), an average of +10% a year. The sharpest change came in the year to December 2022, when income rose by 19%. Over the whole period it spent 126% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Village Shalom Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within KS. Charities of a similar size with the same main cause include Upstate Senior Living Inc ($25.3m), Greystone Programs Inc ($25.3m) and Intergenerational Living & Health Care Inc ($25.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 6.1% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $425k (1.3% of expenses). Other salaries and wages came to $9.1m. At year end it held assets of $84.2m against liabilities of $96.9m, net assets of -$12.7m. It reported 250 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.