Good Shepherds Clothes Closet

Analysis

Good Shepherds Clothes Closet is a registered charity in United States, based in Sparks, NV. It received its IRS tax-exemption ruling in April 1996, 30 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, Good Shepherds Clothes Closet reported income of $163k and spending of $96k, leaving 41% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $85k to $163k (+93%), an average of +93% a year. The sharpest change came in the year to December 2023, when income rose by 93%. Over the whole period it spent 65% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Good Shepherds Clothes Closet sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 54th percentile within NV. Charities of a similar size with the same main cause include Coaching Life Matters ($163k), Brian Gibbons Homeless Outreach Inc ($163k) and The Childrens Relief Fund Inc ($163k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $104k against liabilities of $42, net assets of $104k.