Shepherds of Independence Nonprofit

Analysis

Shepherds of Independence Nonprofit is a registered charity in United States, based in Grand Rapids, MI. It received its IRS tax-exemption ruling in April 2002, 24 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Shepherds of Independence Nonprofit reported income of $512k and spending of $533k, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $436k to $512k (+17%), an average of +4.1% a year. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Shepherds of Independence Nonprofit sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 71st percentile within MI. Charities of a similar size with the same main cause include Coraopolis Community Development Corporation Inc ($512k), New York to Stay Inc ($512k) and Bel Inizio ($512k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 11% and program service revenue 87% of the total. Compensation of current officers, directors and key employees was $74k (14% of expenses). Other salaries and wages came to $175k. At year end it held assets of $576k against liabilities of $257k, net assets of $319k. It reported 8 employees.