Shabach Enterprise

Analysis

Shabach Enterprise is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in June 2007, 19 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Shabach Enterprise reported income of $202k and spending of $148k, leaving 27% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $57k to $202k (+252%), an average of +252% a year. The sharpest change came in the year to December 2023, when income rose by 252%. Over the whole period it spent 81% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Shabach Enterprise sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 58th percentile within TX. Charities of a similar size with the same main cause include Naperville Art League ($202k), Religion News Association ($202k) and Florida Trust for Historic Preservation Inc ($202k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $5,500 (3.7% of expenses). At year end it held assets of $64k against liabilities of $0, net assets of $64k. It reported 1 employees.