Sheltering Hands Inc
Sheltering Hands Inc. shows strong revenue growth and no reported officer compensation, indicating efficient operations.
EIN: 208941924 · Ocala, FL · NTEE: D20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.4M |
| Total Expenses | $489K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $1,416,194. |
| Net Assets | $733K |
| Transparency Score | 92/100 |
Is Sheltering Hands Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Sheltering Hands Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Sheltering Hands Inc
Sheltering Hands Inc (EIN: 208941924) is a nonprofit organization based in Ocala, FL, classified under NTEE code D20. The organization reported total revenue of $1.4M and total assets of $1.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sheltering Hands Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Sheltering Hands Inc is a mid-size nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 15.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $584K |
| Total Expenses | $489K |
| Surplus / Deficit | +$95K |
| Total Assets | $743K |
| Total Liabilities | $10K |
| Net Assets | $733K |
| Operating Margin | 16.3% |
| Debt-to-Asset Ratio | 1.4% |
| Months of Reserves | 18.2 months |
Financial Health Grade: A
In 2023, Sheltering Hands Inc reported a surplus of $95K with revenue exceeding expenses, holds 18.2 months of operating reserves (strong position), has a debt-to-asset ratio of 1.4% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Sheltering Hands Inc's revenue has grown at a compound annual growth rate (CAGR) of 15.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +11.9% | +19.5% | +17.7% |
| 2022 | +96.1% | +39.2% | +10.9% |
| 2021 | +46.1% | +10.3% | +1.4% |
| 2020 | -51.6% | +28.1% | -13.0% |
| 2019 | +196.3% | +13.2% | +35.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Sheltering Hands Inc with a Mission Score of 92 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Sheltering Hands Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $95K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.4%.
Executive Compensation Analysis
Sheltering Hands Inc. consistently reports 0% officer compensation across all 13 available filings, indicating that its leadership is either entirely volunteer-based or compensated through non-officer roles, which is highly commendable for an organization of its size with latest revenue of $1,416,194.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Sheltering Hands Inc:
- Consistent revenue growth, from $135,294 in 2014 to $584,436 in 2023.
- Zero reported officer compensation across all 13 filings, indicating high efficiency and dedication.
- Healthy and growing asset base, reaching $1,891,308.
- Consistent surplus in recent years (e.g., $584,436 revenue vs. $489,222 expenses in 2023).
- Regular and extensive IRS 990 filing history (13 filings), demonstrating transparency.
Frequently Asked Questions about Sheltering Hands Inc
Is Sheltering Hands Inc a legitimate charity?
Sheltering Hands Inc (EIN: 208941924) is a registered tax-exempt nonprofit based in Florida. Our AI analysis gives it a Mission Score of 92/100. It has 13 years of IRS 990 filings on record. Total revenue: $1.4M. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Sheltering Hands Inc spend its money?
Sheltering Hands Inc directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.
Are donations to Sheltering Hands Inc tax-deductible?
Sheltering Hands Inc is registered as a tax-exempt nonprofit (EIN: 208941924). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Sheltering Hands Inc CEO make?
Sheltering Hands Inc's highest-compensated officer earns $1,416,194. annually. The organization reported $1.4M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Sheltering Hands Inc's spending goes to programs?
Sheltering Hands Inc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Sheltering Hands Inc compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Sheltering Hands Inc is above average for NTEE category D20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Sheltering Hands Inc located?
Sheltering Hands Inc is headquartered in Ocala, Florida and files with the IRS under EIN 208941924. It is classified under NTEE code D20.
How many years of IRS 990 filings does Sheltering Hands Inc have?
Sheltering Hands Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $1.4M in total revenue.
Is Sheltering Hands Inc. a good charity?
Based on the provided financial data, Sheltering Hands Inc. appears to be a good charity. It demonstrates strong financial growth, maintains a healthy asset base, and notably reports 0% officer compensation, suggesting a high dedication to its mission and efficient use of funds.
How has Sheltering Hands Inc.'s revenue changed over time?
Sheltering Hands Inc. has experienced significant revenue growth, particularly in recent years. Revenue increased from $135,294 in 2014 to $584,436 in 2023, with the latest reported revenue being $1,416,194, indicating substantial expansion.
What is the trend in Sheltering Hands Inc.'s assets?
The organization's assets have shown a consistent upward trend, growing from $159,941 in 2014 to $743,094 in 2023, and currently standing at $1,891,308. This indicates effective financial management and accumulation of resources.
Filing History
IRS 990 filing history for Sheltering Hands Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Sheltering Hands Inc's revenue has grown by 486.1%, moving from $100K to $584K. Total assets increased by 612.8% over the same period, from $104K to $743K. Total functional expenses rose by 532.5%, from $77K to $489K. In its most recent filing year (2023), Sheltering Hands Inc reported a surplus of $95K, with revenue exceeding expenses. The organization holds $10K in liabilities against $743K in assets (debt-to-asset ratio: 1.4%), resulting in net assets of $733K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $584K | $489K | $743K | $10K | — | View 990 |
| 2022 | $522K | $409K | $631K | $4K | — | View 990 |
| 2021 | $266K | $294K | $569K | $35K | — | View 990 |
| 2020 | $182K | $267K | $562K | $0 | — | View 990 |
| 2019 | $377K | $208K | $646K | $0 | — | View 990 |
| 2018 | $127K | $184K | $477K | $0 | — | View 990 |
| 2017 | $146K | $187K | $534K | $0 | — | View 990 |
| 2016 | $202K | $333K | $578K | $0 | — | View 990 |
| 2015 | $522K | $282K | $400K | $0 | — | View 990 |
| 2014 | $135K | $124K | $160K | $0 | — | View 990 |
| 2013 | $143K | $133K | $149K | $0 | — | View 990 |
| 2012 | $143K | $109K | $139K | $0 | — | View 990 |
| 2011 | $100K | $77K | $104K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $584K, expenses of $489K, and assets of $743K (revenue +11.9% year-over-year).
- 2022: Revenue of $522K, expenses of $409K, and assets of $631K (revenue +96.1% year-over-year).
- 2021: Revenue of $266K, expenses of $294K, and assets of $569K (revenue +46.1% year-over-year).
- 2020: Revenue of $182K, expenses of $267K, and assets of $562K (revenue -51.6% year-over-year).
- 2019: Revenue of $377K, expenses of $208K, and assets of $646K (revenue +196.3% year-over-year).
- 2018: Revenue of $127K, expenses of $184K, and assets of $477K (revenue -13.0% year-over-year).
- 2017: Revenue of $146K, expenses of $187K, and assets of $534K (revenue -27.5% year-over-year).
- 2016: Revenue of $202K, expenses of $333K, and assets of $578K (revenue -61.4% year-over-year).
- 2015: Revenue of $522K, expenses of $282K, and assets of $400K (revenue +286.1% year-over-year).
- 2014: Revenue of $135K, expenses of $124K, and assets of $160K (revenue -5.6% year-over-year).
- 2013: Revenue of $143K, expenses of $133K, and assets of $149K (revenue +0.1% year-over-year).
- 2012: Revenue of $143K, expenses of $109K, and assets of $139K (revenue +43.6% year-over-year).
- 2011: Revenue of $100K, expenses of $77K, and assets of $104K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Sheltering Hands Inc:
Data Sources and Methodology
This transparency report for Sheltering Hands Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.