Shepherd Place Inc

Analysis

Shepherd Place Inc is a registered charity in United States, based in Lexington, KY. It received its IRS tax-exemption ruling in February 1996, 30 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 June 2023, Shepherd Place Inc reported income of $135k and spending of $171k, spending 126% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $110k to $135k (+23%), an average of +5.3% a year. Over the whole period it spent 114% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Shepherd Place 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 45th percentile, and in the 44th percentile within KY. Charities of a similar size with the same main cause include Kewaunee County Food Pantry ($135k), St Agnes Foundation of North Georgia Angel House Inc ($135k) and Homes of Hope ($135k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 49% and program service revenue 48% of the total. At year end it held assets of $333k against liabilities of $1.1m, net assets of -$765k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.