Catherine H Barber Memorial Shelter Inc

Analysis

Catherine H Barber Memorial Shelter Inc is a registered charity in United States, based in N Wilkesboro, NC. It received its IRS tax-exemption ruling in March 1990, 36 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 2023, Catherine H Barber Memorial Shelter Inc reported income of $253k and spending of $120k, leaving 53% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $203k to $253k (+25%), an average of +5.7% a year. The sharpest change came in the year to December 2022, when income rose by 281%. Over the whole period it spent 26% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Catherine H Barber Memorial Shelter Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 56th percentile within NC. Charities of a similar size with the same main cause include St Joseph Ridge Lions Charities ($253k), Vote 70 Inc ($253k) and Pregnancy Resource Center of Athens County ($253k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $50k. At year end it held assets of $1.2m against liabilities of $259, net assets of $1.2m. It reported 4 employees.