Shackle Free Community Outreach Agency Inc

Analysis

Shackle Free Community Outreach Agency Inc is a registered charity in United States, based in Warsaw, NC. It received its IRS tax-exemption ruling in June 2019, 7 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Shackle Free Community Outreach Agency Inc reported income of $438k and spending of $430k, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $175k to $438k (+150%), an average of +150% a year. The sharpest change came in the year to December 2023, when income rose by 150%. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Shackle Free Community Outreach Agency Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 67th percentile within NC. Charities of a similar size with the same main cause include My First Horizon Inc ($438k), The Family Institute for Health and Human Services ($438k) and Oregon Outreach Inc ($438k).

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 $316k (73% of expenses). At year end it held assets of $6,806 against liabilities of $985, net assets of $5,821.