Shelby County Outreach Ministries Inc

Analysis

Shelby County Outreach Ministries Inc is a registered charity in United States, based in Center, TX. It received its IRS tax-exemption ruling in October 1997, 29 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Shelby County Outreach Ministries Inc reported income of $604k and spending of $804k, spending 133% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $327k to $604k (+85%), an average of +17% a year. The sharpest change came in the year to December 2020, when income rose by 104%. Over the whole period it spent 88% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Shelby County Outreach Ministries Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 77th percentile within TX. Charities of a similar size with the same main cause include Utah Nonprofits Association Inc ($604k), Franklinton Center Inc ($605k) and Computercorps ($604k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 76% and program service revenue 14% of the total. Compensation of current officers, directors and key employees was $54k (6.7% of expenses). Other salaries and wages came to $234k. At year end it held assets of $742k against liabilities of $581, net assets of $741k. It reported 15 employees.