Shalom Tikvah Inc

Analysis

Shalom Tikvah Inc is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in June 2017, 9 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Shalom Tikvah Inc reported income of $196k and spending of $222k, spending 114% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $150k to $196k (+30%), an average of +6.8% a year. The sharpest change came in the year to December 2020, when income rose by 50%. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Shalom Tikvah Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 53rd percentile within MD. Charities of a similar size with the same main cause include Pleasant Beginnings Inc ($196k), Los Angeles Medical Mission Team Inc ($196k) and Dare to Dream Bigger Inc ($196k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 27% and program service revenue 38% of the total. Compensation of current officers, directors and key employees was $77k (34% of expenses). Other salaries and wages came to $27k. At year end it held assets of $215k against liabilities of $0, net assets of $215k. It reported 2 employees.