Shepherds Fold Ministries Inc

Analysis

Shepherds Fold Ministries Inc is a registered charity in United States, based in Brentwood, TN. It received its IRS tax-exemption ruling in August 1998, 28 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, Shepherds Fold Ministries Inc reported income of $75k and spending of $80k, spending 107% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $101k to $75k (-26%), an average of -14% a year. The sharpest change came in the year to December 2023, when income rose by 69%. Over the whole period it spent 130% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Shepherds Fold Ministries Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 28th percentile within TN. Charities of a similar size with the same main cause include Point FM Ministries Inc ($75k), I43 Inc ($75k) and Gleaning for Christ Missions Inc ($75k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $6,444 against liabilities of $1,921, net assets of $4,523.

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.