Shalom House Inc

Analysis

Shalom House Inc is a registered charity in United States, based in Washington, NC. It received its IRS tax-exemption ruling in September 2000, 26 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Shalom House Inc reported income of $224k and spending of $185k, spending 83% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $196k to $224k (+14%), an average of +3.4% a year. Over the whole period it spent 82% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Shalom House Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 54th percentile within NC. Charities of a similar size with the same main cause include Thompson Falls Lions Manor Inc ($224k), Caritas Manor Inc ($224k) and Carolina Senior Living ($224k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 69% and program service revenue 28% of the total. At year end it held assets of $1.4m against liabilities of $1.1m, net assets of $356k.