Shalom Institute Camp and Conference Center
Analysis
Shalom Institute Camp and Conference Center is a registered charity in United States, based in Malibu, CA. It received its IRS tax-exemption ruling in February 2006, 20 years ago. Its declared purposes cover youth development, which this site groups under children and youth 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 December 2023, Shalom Institute Camp and Conference Center reported income of $7.9m and spending of $7.0m, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $10.8m to $7.9m (-27%), an average of -7.7% a year. The sharpest change came in the year to December 2022, when income rose by 534%. Over the whole period it spent 46% of the income it received.
Among 14,332 United States charities whose main cause is children and youth development and that reported income, Shalom Institute Camp and Conference Center sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within CA. Charities of a similar size with the same main cause include Harvest Outreach Center Inc ($7.8m), Young Scholars for Academic Empowerment ($7.9m) and Boys & Girls Club of Central Texas Inc ($7.8m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 58% and program service revenue 26% of the total. Compensation of current officers, directors and key employees was $259k (3.7% of expenses). Other salaries and wages came to $2.1m. At year end it held assets of $39.5m against liabilities of $1.7m, net assets of $37.8m. It reported 252 employees.
Income and spending
Where the income comes from
- Contributions & grants 58%
- Program services 26%
- Other 16%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Harvest Outreach Center Inc | Rustburg | $7.8m |
| Young Scholars for Academic Empowerment | Riverside | $7.9m |
| Boys & Girls Club of Central Texas Inc | Killeen | $7.8m |
| Metropolitan Development Center Inc | Brooklyn | $7.9m |