The House Of The Good Shepherd
Revenue Decline and Spending Efficiency Concerns at The House Of The Good Shepherd
EIN: 221500539 · Hackettstown, NJ · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $6.0M |
| Total Expenses | $10.4M |
| Program Spending | 75% |
| Net Assets | $5.9M |
| Transparency Score | 65/100 |
Is The House Of The Good Shepherd Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The House Of The Good Shepherd directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About The House Of The Good Shepherd
The House Of The Good Shepherd (EIN: 221500539) is a nonprofit organization based in Hackettstown, NJ. The organization reported total revenue of $6.0M and total assets of $15.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The House Of The Good Shepherd's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The House Of The Good Shepherd is a mid-size nonprofit that has been operating for 78 years, with 12 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of -5.5%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $6.0M |
| Total Expenses | $10.4M |
| Surplus / Deficit | $-4,390,898 |
| Total Assets | $15.4M |
| Total Liabilities | $9.4M |
| Net Assets | $5.9M |
| Operating Margin | -73.3% |
| Debt-to-Asset Ratio | 61.4% |
| Months of Reserves | 17.8 months |
Financial Health Grade: C
In 2022, The House Of The Good Shepherd reported a deficit of $4.4M with expenses exceeding revenue, holds 17.8 months of operating reserves (strong position), has a debt-to-asset ratio of 61.4% (high leverage).
Financial Trends
Over 12 years of filings (2011–2022), The House Of The Good Shepherd's revenue has declined at a compound annual growth rate (CAGR) of -5.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -38.4% | -13.0% | +8.7% |
| 2021 | -11.5% | -2.2% | +6.0% |
| 2020 | -0.8% | +4.4% | -8.6% |
| 2019 | -1.1% | -3.9% | -6.8% |
| 2018 | -8.0% | -3.7% | -12.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1948 |
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 The House Of The Good Shepherd with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, The House Of The Good Shepherd allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $4.4M, with expenses exceeding revenue.
- Debt-to-asset ratio: 61.4%.
Executive Compensation Analysis
Executive compensation details are not provided in the given data, preventing a specific assessment of individual salaries.
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.
Red Flags
The following concerns were identified during AI analysis of The House Of The Good Shepherd's IRS 990 filings:
- Significant revenue decline from $12.1M in 2017 to $5.9M in 2022, representing a 51% decrease over five years.
- Expenses consistently exceed revenue in recent years, with 2022 showing $10.3M in expenses against $5.9M in revenue, indicating a reliance on reserves or other funding sources.
- Net assets have decreased from $17.8M in 2017 to $15.3M in 2022, suggesting a shrinking financial base.
Strengths
The following positive indicators were identified for The House Of The Good Shepherd:
- Maintains a substantial asset base of $15.3M in 2022, providing some financial stability despite revenue challenges.
- Long operational history indicated by multiple years of financial data.
Frequently Asked Questions about The House Of The Good Shepherd
Is The House Of The Good Shepherd a legitimate charity?
Based on AI analysis of IRS 990 filings, The House Of The Good Shepherd (EIN: 221500539) some concerns. Mission Score: 65/100. 3 red flags identified, 2 strengths noted.
How does The House Of The Good Shepherd spend its money?
The House Of The Good Shepherd directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to The House Of The Good Shepherd tax-deductible?
The House Of The Good Shepherd is registered as a tax-exempt nonprofit (EIN: 221500539). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of The House Of The Good Shepherd's spending goes to programs?
The House Of The Good Shepherd directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is The House Of The Good Shepherd located?
The House Of The Good Shepherd is headquartered in Hackettstown, New Jersey and files with the IRS under EIN 221500539.
How many years of IRS 990 filings does The House Of The Good Shepherd have?
The House Of The Good Shepherd has 12 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 $6.0M in total revenue.
What does The House Of The Good Shepherd do?
The House Of The Good Shepherd is a nonprofit organization in the Unknown sector, located in Hackettstown, New Jersey. It is classified under NTEE code Unknown.
How much revenue does The House Of The Good Shepherd have?
The House Of The Good Shepherd reported total revenue of $6,041,288. Based on 12 IRS 990 filings on record.
What are The House Of The Good Shepherd's total assets?
The House Of The Good Shepherd holds total assets of $15,394,244 as reported in IRS 990 filings.
Where is The House Of The Good Shepherd located?
The House Of The Good Shepherd is based in Hackettstown, New Jersey.
What is The House Of The Good Shepherd's EIN?
The House Of The Good Shepherd's Employer Identification Number (EIN) is 221500539. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is The House Of The Good Shepherd?
The House Of The Good Shepherd is classified under NTEE code Unknown (Unknown).
Is The House Of The Good Shepherd a registered 501(c)(3)?
The House Of The Good Shepherd appears in IRS records (EIN: 221500539). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does The House Of The Good Shepherd file IRS Form 990?
Yes, The House Of The Good Shepherd has 12 IRS Form 990 filings on record. The most recent covers tax period 202212.
What was The House Of The Good Shepherd's revenue in 2022?
In the 202212 filing period, The House Of The Good Shepherd reported total revenue of $5,992,556, total expenses of $10,383,454, and net assets of $15,394,244.
Is The House Of The Good Shepherd's revenue growing or declining?
The House Of The Good Shepherd's revenue is declining. Revenue went from $9,731,356 (202112) to $5,992,556 (202212), a -38.4% change. Based on 12 filings on record.
What is The House Of The Good Shepherd's most recent 990 filing?
The most recent IRS Form 990 filing for The House Of The Good Shepherd covers tax period 202212. It shows revenue of $5,992,556, expenses of $10,383,454, total assets of $15,394,244, and liabilities of $9,449,988.
How much does The House Of The Good Shepherd spend on programs vs administration?
Based on IRS 990 analysis, The House Of The Good Shepherd allocates approximately 75% of expenses to program services, 15% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is The House Of The Good Shepherd a trustworthy charity?
Based on AI analysis of IRS 990 data, The House Of The Good Shepherd shows mixed signals. Mission Score: 65/100 (Good). 3 red flags identified. 2 strengths noted.
What are the red flags for The House Of The Good Shepherd?
The following concerns were identified: Significant revenue decline from $12.1M in 2017 to $5.9M in 2022, representing a 51% decrease over five years.. Expenses consistently exceed revenue in recent years, with 2022 showing $10.3M in expenses against $5.9M in revenue, indicating a reliance on reserves or other funding sources.. Net assets have decreased from $17.8M in 2017 to $15.3M in 2022, suggesting a shrinking financial base.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are The House Of The Good Shepherd's strengths?
Positive indicators for The House Of The Good Shepherd include: Maintains a substantial asset base of $15.3M in 2022, providing some financial stability despite revenue challenges.. Long operational history indicated by multiple years of financial data.. These findings are derived from AI analysis of the organization's financial filings.
How does The House Of The Good Shepherd compensate executives?
Executive compensation details are not provided in the given data, preventing a specific assessment of individual salaries. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent trend of expenses exceeding revenue, what is the long-term financial strategy to ensure sustainability without further depleting assets?
The provided data indicates a pattern where expenses have outpaced revenue for several years, notably in 2022 where expenses were $10,383,454 against revenues of $5,992,556. This suggests a reliance on drawing down reserves or other non-operating income, which is not sustainable in the long run without a clear strategy to either increase revenue or significantly reduce expenses.
What specific factors contributed to the sharp decline in revenue from $12.1M in 2017 to $5.9M in 2022, and how are these being addressed?
The data shows a substantial drop in revenue from $12,187,731 in 2017 to $5,992,556 in 2022. Without additional context, it's unclear if this is due to changes in funding models, reduced demand for services, loss of grants, or other external factors. Understanding the root cause is critical for developing effective mitigation strategies.
Filing History
IRS 990 filing history for The House Of The Good Shepherd showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2022), The House Of The Good Shepherd's revenue has declined by 46.2%, moving from $11.1M to $6.0M. Total assets decreased by 31.1% over the same period, from $22.4M to $15.4M. Total functional expenses fell by 3.7%, from $10.8M to $10.4M. In its most recent filing year (2022), The House Of The Good Shepherd reported a deficit of $4.4M, with expenses exceeding revenue. The organization holds $9.4M in liabilities against $15.4M in assets (debt-to-asset ratio: 61.4%), resulting in net assets of $5.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $6.0M | $10.4M | $15.4M | $9.4M | — | View 990 |
| 2021 | $9.7M | $11.9M | $14.2M | $10.8M | — | View 990 |
| 2020 | $11.0M | $12.2M | $13.4M | $11.5M | — | — |
| 2019 | $11.1M | $11.7M | $14.6M | $11.6M | — | View 990 |
| 2018 | $11.2M | $12.2M | $15.7M | $12.3M | — | View 990 |
| 2017 | $12.2M | $12.6M | $17.9M | $13.4M | — | View 990 |
| 2016 | $11.9M | $12.0M | $18.6M | $13.8M | — | View 990 |
| 2015 | $11.8M | $11.8M | $19.4M | $14.5M | — | View 990 |
| 2014 | $11.9M | $11.5M | $20.0M | $15.0M | — | View 990 |
| 2013 | $11.2M | $10.6M | $20.4M | $15.9M | — | View 990 |
| 2012 | $10.4M | $11.1M | $19.6M | $15.8M | — | View 990 |
| 2011 | $11.1M | $10.8M | $22.4M | $17.9M | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $6.0M, expenses of $10.4M, and assets of $15.4M (revenue -38.4% year-over-year).
- 2021: Revenue of $9.7M, expenses of $11.9M, and assets of $14.2M (revenue -11.5% year-over-year).
- 2020: Revenue of $11.0M, expenses of $12.2M, and assets of $13.4M (revenue -0.8% year-over-year).
- 2019: Revenue of $11.1M, expenses of $11.7M, and assets of $14.6M (revenue -1.1% year-over-year).
- 2018: Revenue of $11.2M, expenses of $12.2M, and assets of $15.7M (revenue -8.0% year-over-year).
- 2017: Revenue of $12.2M, expenses of $12.6M, and assets of $17.9M (revenue +2.2% year-over-year).
- 2016: Revenue of $11.9M, expenses of $12.0M, and assets of $18.6M (revenue +0.8% year-over-year).
- 2015: Revenue of $11.8M, expenses of $11.8M, and assets of $19.4M (revenue -0.8% year-over-year).
- 2014: Revenue of $11.9M, expenses of $11.5M, and assets of $20.0M (revenue +6.3% year-over-year).
- 2013: Revenue of $11.2M, expenses of $10.6M, and assets of $20.4M (revenue +7.6% year-over-year).
- 2012: Revenue of $10.4M, expenses of $11.1M, and assets of $19.6M (revenue -6.2% year-over-year).
- 2011: Revenue of $11.1M, expenses of $10.8M, and assets of $22.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The House Of The Good Shepherd:
Data Sources and Methodology
This transparency report for The House Of The Good Shepherd 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.