The Shepherds Center of Greater Winston-Salem Inc

Analysis

The Shepherds Center of Greater Winston-Salem Inc is a registered charity in United States, based in Winston Salem, NC. It received its IRS tax-exemption ruling in March 1990, 36 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) 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 Greater Winston-Salem Inc reported income of $954k and spending of $911k, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $618k to $954k (+54%), an average of +11% a year. The sharpest change came in the year to December 2020, when income rose by 25%. Over the whole period it spent 90% 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 Greater Winston-Salem Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 79th percentile within NC. Charities of a similar size with the same main cause include National Assistance League ($954k), Litchfield Ambulance Association Inc ($954k) and Missions of Honor Inc ($954k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% and program service revenue 4.4% of the total. Compensation of current officers, directors and key employees was $186k (20% of expenses). Other salaries and wages came to $218k. At year end it held assets of $1.8m against liabilities of $0, net assets of $1.8m. It reported 14 employees.