Shepherds Gate Corp

Analysis

Shepherds Gate Corp is a registered charity in United States, based in Ronkonkoma, NY. It received its IRS tax-exemption ruling in May 2009, 17 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Shepherds Gate Corp reported income of $3.6m and spending of $2.6m, leaving 27% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.7m to $3.6m (+32%), an average of +7.1% a year. The sharpest change came in the year to December 2022, when income rose by 56%. Over the whole period it spent 82% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Shepherds Gate Corp 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 90th percentile, and in the 87th percentile within NY. Charities of a similar size with the same main cause include Constellation Schools Madison Community Elementary ($3.6m), South Columbus Preparatory Academy ($3.6m) and Kootenai Bridge Academy ($3.6m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 97% of the total. Compensation of current officers, directors and key employees was $112k (4.3% of expenses). Other salaries and wages came to $2.0m. At year end it held assets of $5.3m against liabilities of $25k, net assets of $5.3m.