Shelter Home of the Foothills Inc

Analysis

Shelter Home of the Foothills Inc is a registered charity in United States, based in Lenoir, NC. It received its IRS tax-exemption ruling in January 1980, 46 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 2023, Shelter Home of the Foothills Inc reported income of $931k and spending of $950k, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $633k to $931k (+47%), an average of +10% a year. The sharpest change came in the year to June 2021, when income rose by 33%. Over the whole period it spent 103% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Shelter Home of the Foothills Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 79th percentile within NC. Charities of a similar size with the same main cause include Oasis Inc ($931k), Youth Services for Choctaw Pushmataha and McCurtain Count Inc ($931k) and Religious Coalition to Assist the Homeless ($931k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 74% of the total. Other salaries and wages came to $413k. At year end it held assets of $1.1m against liabilities of $945k, net assets of $183k. It reported 16 employees.