Shalom Center Inc

Analysis

Shalom Center Inc is a registered charity in United States, based in Splendora, TX. It received its IRS tax-exemption ruling in July 1980, 46 years ago. 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 December 2023, Shalom Center Inc reported income of $2.4m and spending of $2.1m, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.6m to $2.4m (+53%), an average of +11% a year. The sharpest change came in the year to December 2020, when income rose by 23%. Over the whole period it spent 73% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Shalom Center Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 90th percentile within TX. Charities of a similar size with the same main cause include Spirit Mission Inc ($2.4m), Share House Inc ($2.4m) and Cerebral Palsy of Southwestern Illinois ($2.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.8% and program service revenue 92% of the total. Other salaries and wages came to $744k. At year end it held assets of $3.5m against liabilities of $0, net assets of $3.5m. It reported 15 employees.