Shine Ministries Inc

Analysis

Shine Ministries Inc is a registered charity in United States, based in Rossville, IN. It received its IRS tax-exemption ruling in March 2017, 9 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Shine Ministries Inc reported income of $120k and spending of $122k, spending 102% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $178k to $120k (-33%), an average of -33% a year. The sharpest change came in the year to December 2023, when income dropped by 33%. Over the whole period it spent 85% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Shine Ministries Inc sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 39th percentile within IN. Charities of a similar size with the same main cause include Triangle Housing Development Corporation ($120k), Indiana Dream Center Inc ($120k) and Williams Manor Inc ($120k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 7.8% and program service revenue 91% of the total. At year end it held assets of $123k against liabilities of $0, net assets of $123k.