Shepherds Storehouse

Analysis

Shepherds Storehouse is a registered charity in United States, based in Pilot Point, TX. It received its IRS tax-exemption ruling in May 1990, 36 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, Shepherds Storehouse reported income of $170k and spending of $146k, spending 86% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $122k to $170k (+39%), an average of +39% a year. The sharpest change came in the year to December 2023, when income rose by 39%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Shepherds Storehouse sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 54th percentile within TX. Charities of a similar size with the same main cause include St Johns Lutheran Foundation Inc ($170k), Tennessee Association of Students ($170k) and 100 Black Men of the Inland Empire Inc ($170k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $306k against liabilities of $0, net assets of $306k.