Shabach Ministries Inc
Analysis
Shabach Ministries Inc is a registered charity in United States, based in Landover, MD. It received its IRS tax-exemption ruling in October 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending June 2022, Shabach Ministries Inc reported income of $3.0m and spending of $2.6m, spending 87% of its income. Across the 4 years on record, from June 2019 to June 2022, income fell from $3.4m to $3.0m (-11%), an average of -3.8% a year. The sharpest change came in the year to June 2021, when income dropped by 35%. Over the whole period it spent 98% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Shabach Ministries Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 88th percentile within MD. Charities of a similar size with the same main cause include Jewish Family and Child Service ($3.0m), Forefront Living ($3.0m) and Child & Family Support Services Inc ($3.0m).
On its Form 990 for the period ending June 2022, revenue came from contributions and grants 52% and program service revenue 47% of the total. Other salaries and wages came to $1.9m. At year end it held assets of $2.8m against liabilities of $814k, net assets of $1.9m. It reported 99 employees.
Income and spending
Where the income comes from
- Contributions & grants 52%
- Program services 47%
- Other 1.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Jewish Family and Child Service | Portland | $3.0m |
| Forefront Living | Dallas | $3.0m |
| Child & Family Support Services Inc | Bronx | $3.0m |
| Ujamaa Place | Saint Paul | $3.0m |