Shadow on the Water Inc

Analysis

Shadow on the Water Inc is a registered charity in United States, based in South Bend, IN. It received its IRS tax-exemption ruling in June 2022, 4 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Shadow on the Water Inc reported income of $339k and spending of $340k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $239k to $339k (+42%), an average of +42% a year. The sharpest change came in the year to December 2023, when income rose by 42%. Over the whole period it spent 84% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Shadow on the Water Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 63rd percentile within IN. Charities of a similar size with the same main cause include Queen of Peace Missionary Associates Inc ($339k), House of Refuge Inc ($339k) and Peak Lab Rescue Inc ($339k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $228k. At year end it held assets of $97k against liabilities of $8,158, net assets of $89k. It reported 5 employees.