The Shepherds Center of Charlotte Inc

Analysis

The Shepherds Center of Charlotte Inc is a registered charity in United States, based in Charlotte, NC. It received its IRS tax-exemption ruling in September 1980, 46 years ago. 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 2022, The Shepherds Center of Charlotte Inc reported income of $237k and spending of $141k, leaving 40% of income unspent that year. Across the 3 years on record, from December 2019 to December 2022, income grew from $224k to $237k (+5.6%), an average of +2.8% a year. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Shepherds Center of Charlotte Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 55th percentile within NC. Charities of a similar size with the same main cause include West Side Homes Inc ($237k), Ocmulgee Mounds Association Inc ($237k) and Animal Rescue Alliance Inc ($237k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 86% and program service revenue 10% of the total. Compensation of current officers, directors and key employees was $58k (41% of expenses). Other salaries and wages came to $39k. At year end it held assets of $418k against liabilities of $0, net assets of $418k. It reported 4 employees.