Shelter Society Inc

Analysis

Shelter Society Inc is a registered charity in United States, based in Oneida, TN. It received its IRS tax-exemption ruling in February 1998, 28 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 2024, Shelter Society Inc reported income of $405k and spending of $325k, spending 80% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $278k to $405k (+46%), an average of +9.9% a year. The sharpest change came in the year to June 2024, when income rose by 29%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Shelter Society Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 68th percentile within TN. Charities of a similar size with the same main cause include Together We Can Incorporated ($405k), Robbery Investigators of Texas Inc ($405k) and Healthy Families Happy Families ($405k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 90% of the total. Other salaries and wages came to $176k. At year end it held assets of $766k against liabilities of $155k, net assets of $611k. It reported 5 employees.