Shalom Park

Analysis

Shalom Park is a registered charity in United States, based in Aurora, CO. It received its IRS tax-exemption ruling in January 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 December 2023, Shalom Park reported income of $18.4m and spending of $17.7m, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $15.1m to $18.4m (+21%), an average of +5.0% a year. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Shalom Park sits at the 97th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within CO. Charities of a similar size with the same main cause include Sound Generations ($18.4m), Greater Lansing Food Bank ($18.4m) and Chaddock ($18.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 11% and program service revenue 88% of the total. Compensation of current officers, directors and key employees was $340k (1.9% of expenses). Other salaries and wages came to $9.5m. At year end it held assets of $12.0m against liabilities of $3.1m, net assets of $8.9m. It reported 284 employees.