El-Shaddai Refuge Homes Community Development Corporation

Analysis

El-Shaddai Refuge Homes Community Development Corporation is a registered charity in United States, based in Las Vegas, NV. It received its IRS tax-exemption ruling in November 2017, 9 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, El-Shaddai Refuge Homes Community Development Corporation reported income of $216k and spending of $209k, spending 96% of its income. Across the 4 years on record, from June 2021 to June 2024, income fell from $310k to $216k (-30%), an average of -11% a year. The sharpest change came in the year to June 2022, when income dropped by 40%. Over the whole period it spent 95% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, El-Shaddai Refuge Homes Community Development Corporation sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 60th percentile within NV. Charities of a similar size with the same main cause include Bridgeport Generation Now Inc ($216k), Tennessee Stormwater Association ($216k) and Junior League of Waco Texas Inc ($216k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 52% and program service revenue 48% of the total. Other salaries and wages came to $19k. At year end it held assets of $79k against liabilities of $34k, net assets of $46k. It reported 7 employees.