Shelter Inc

Analysis

Shelter Inc is a registered charity in United States, based in Lawrenceburg, TN. It received its IRS tax-exemption ruling in October 1986, 40 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Shelter Inc reported income of $261k and spending of $250k, spending 95% of its income. Across the 3 years on record, from June 2021 to June 2023, income grew from $232k to $261k (+13%), an average of +6.2% a year. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Shelter Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 60th percentile within TN. Charities of a similar size with the same main cause include Caringplace of the Shoals Inc ($261k), Love Inc of Cuyahoga County ($261k) and Assistance League of San Bernardino ($261k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $139k. At year end it held assets of $162k against liabilities of $1,557, net assets of $160k. It reported 4 employees.