Sheltering Harbour

Analysis

Sheltering Harbour is a registered charity in United States, based in Spring, TX. It received its IRS tax-exemption ruling in January 1994, 32 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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, Sheltering Harbour reported income of $784k and spending of $1.4m, spending 182% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $5.5m to $784k (-86%), an average of -39% a year. The sharpest change came in the year to December 2023, when income dropped by 78%. Over the whole period it spent 104% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Sheltering Harbour sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 80th percentile within TX. Charities of a similar size with the same main cause include Lead Virginia ($784k), Pathways Counseling and Growth Center ($784k) and Regional Contracting Assistance Center Inc ($784k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $239k (17% of expenses). Other salaries and wages came to $475k. At year end it held assets of $1.9m against liabilities of $279k, net assets of $1.6m. It reported 43 employees.