Sheltering Grace Ministry Ltd
Analysis
Sheltering Grace Ministry Ltd is a registered charity in United States, based in Marietta, GA. It received its IRS tax-exemption ruling in November 2006, 20 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, Sheltering Grace Ministry Ltd reported income of $85k and spending of $307k, spending 360% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $47k to $85k (+83%), an average of +16% a year. The sharpest change came in the year to December 2022, when income dropped by 251%. Over the whole period it spent 512% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Sheltering Grace Ministry Ltd sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 34th percentile within GA. Charities of a similar size with the same main cause include Behold My King Inc ($85k), Way of Compassion Foundation ($85k) and Andrew Alati Foundation Inc ($85k).
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 $45k (15% of expenses). Other salaries and wages came to $110k. At year end it held assets of $457k against liabilities of $0, net assets of $457k. It reported 7 employees.
Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.
Income and spending
Where the income comes from
- Contributions & grants 100%
- Other 0.2%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Behold My King Inc | Ramer | $85k |
| Way of Compassion Foundation | Carbondale | $85k |
| Andrew Alati Foundation Inc | East Meadow | $85k |
| Center for Food Equity in Medicine | Flossmoor | $85k |