The Shepherds Center of Kernersville Inc

Analysis

The Shepherds Center of Kernersville Inc is a registered charity in United States, based in Kernersville, NC. It received its IRS tax-exemption ruling in March 1986, 40 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 December 2023, The Shepherds Center of Kernersville Inc reported income of $610k and spending of $562k, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.1m to $610k (-44%), an average of -13% a year. The sharpest change came in the year to December 2021, when income rose by 172%. Over the whole period it spent 56% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The Shepherds Center of Kernersville Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 73rd percentile within NC. Charities of a similar size with the same main cause include Hunger Corp ($610k), Pursuit Foundation ($610k) and Chico Area Council on Aging Inc ($610k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 80% of the total. Compensation of current officers, directors and key employees was $131k (23% of expenses). Other salaries and wages came to $135k. At year end it held assets of $4.3m against liabilities of $30k, net assets of $4.2m. It reported 5 employees.