Shiloh Place Ministries Inc

Analysis

Shiloh Place Ministries Inc is a registered charity in United States, based in N Myrtle BCH, SC. It received its IRS tax-exemption ruling in May 1995, 31 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Shiloh Place Ministries Inc reported income of $52k and spending of $99k, spending 192% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $171k to $52k (-70%), an average of -45% a year. The sharpest change came in the year to December 2023, when income dropped by 53%. Over the whole period it spent 85% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Shiloh Place Ministries 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 20th percentile, and in the 26th percentile within SC. Charities of a similar size with the same main cause include Gospel Research Foundation Inc ($51k), Hallawasa Bible Camp of the Black Hills Inc ($52k) and Oscar Roan Ministries Inc ($51k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 69% of the total. At year end it held assets of $70k against liabilities of $9,444, net assets of $60k.