Shepherd Entrepreneurship and Research Corporation

Analysis

Shepherd Entrepreneurship and Research Corporation is a registered charity in United States, based in Shepherdstown, WV. It received its IRS tax-exemption ruling in January 2021, 5 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 June 2024, Shepherd Entrepreneurship and Research Corporation reported income of $167k and spending of $284k, spending 170% of what it took in. Across the 5 years on record, from June 2019 to June 2024, income fell from $338k to $167k (-50%), an average of -16% a year. The sharpest change came in the year to June 2022, when income rose by 1344%. Over the whole period it spent 69% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Shepherd Entrepreneurship and Research Corporation sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 47th percentile within WV. Charities of a similar size with the same main cause include Godparents for Tanzania ($167k), Huron Athletic Boosters Inc ($167k) and Next Generation Ministries ($167k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 82% and program service revenue 18% of the total. Other salaries and wages came to $183k. At year end it held assets of $326k against liabilities of $1, net assets of $326k.