Shelter Ministries

Analysis

Shelter Ministries is a registered charity in United States, based in Colorado SPGS, CO. It received its IRS tax-exemption ruling in June 2001, 25 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Shelter Ministries reported income of $86k and spending of $104k, spending 122% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income fell from $107k to $86k (-20%), an average of -7.2% a year. The sharpest change came in the year to December 2022, when income rose by 45%. Over the whole period it spent 103% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Shelter Ministries sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 29th percentile within CO. Charities of a similar size with the same main cause include Aspendale Baptist Encampment Inc ($86k), Dustys Heart Apartment Ministries ($86k) and Gethsemane Memorial Fund Inc ($86k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 0.9% of the total. At year end it held assets of $443k against liabilities of $0, net assets of $443k.