The Shepherds Center of Greensboro Inc

Analysis

The Shepherds Center of Greensboro Inc is a registered charity in United States, based in Greensboro, NC. It received its IRS tax-exemption ruling in August 1988, 38 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 Greensboro Inc reported income of $57k and spending of $84k, spending 148% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income fell from $465k to $57k (-88%), an average of -50% a year. The sharpest change came in the year to December 2022, when income dropped by 63%. Over the whole period it spent 40% 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 Greensboro Inc sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 20th percentile within NC. Charities of a similar size with the same main cause include Choral Art Society of New Jersey ($57k), PTA California Congress of Parents Teachers & Students Inc ($57k) and The Womens Therapy Centre Institute Inc ($57k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 42% and program service revenue 36% of the total. Compensation of current officers, directors and key employees was $31k (36% of expenses). Other salaries and wages came to $25k. At year end it held assets of $987k against liabilities of $4,568, net assets of $983k. It reported 2 employees.