Warming Shelter Inc
EIN: 471257560 · Sioux City, IA · NTEE: L41
| Metric | Value |
|---|---|
| Total Revenue | $1.2M |
| Total Expenses | $936K |
| Net Assets | $733K |
Is Warming Shelter Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Warming Shelter Inc
Warming Shelter Inc (EIN: 471257560) is a nonprofit organization based in Sioux City, IA, classified under NTEE code L41. The organization reported total revenue of $1.2M and total assets of $1.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Warming Shelter Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Warming Shelter Inc is a mid-size nonprofit that has been operating for 12 years, with 10 years of IRS 990 filings on record (2014–2023). Revenue has grown at a compound annual rate of 36.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $793K |
| Total Expenses | $936K |
| Surplus / Deficit | $-143,499 |
| Total Assets | $769K |
| Total Liabilities | $36K |
| Net Assets | $733K |
| Operating Margin | -18.1% |
| Debt-to-Asset Ratio | 4.7% |
| Months of Reserves | 9.9 months |
Financial Health Grade: B
In 2023, Warming Shelter Inc reported a deficit of $143K with expenses exceeding revenue, holds 9.9 months of operating reserves (strong position), has a debt-to-asset ratio of 4.7% (very low leverage).
Financial Trends
Over 10 years of filings (2014–2023), Warming Shelter Inc's revenue has grown at a compound annual growth rate (CAGR) of 36.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +34.2% | +80.2% | -11.7% |
| 2022 | +11.6% | +15.7% | +9.6% |
| 2021 | +22.5% | +10.4% | +12.1% |
| 2020 | -52.0% | +24.1% | +4.3% |
| 2019 | +183.2% | +3.8% | +552.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Warming Shelter Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Warming Shelter Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $143K, with expenses exceeding revenue.
- Debt-to-asset ratio: 4.7%.
Frequently Asked Questions about Warming Shelter Inc
Is Warming Shelter Inc a legitimate charity?
Warming Shelter Inc (EIN: 471257560) is a registered tax-exempt nonprofit based in Iowa. It has 10 years of IRS 990 filings on record. Total revenue: $1.2M. No red flags identified. Financial health grade: B.
How does Warming Shelter Inc spend its money?
Warming Shelter Inc reported $1.2M in total revenue in IRS 990 filings. 10 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Warming Shelter Inc tax-deductible?
Warming Shelter Inc is registered as a tax-exempt nonprofit (EIN: 471257560). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Warming Shelter Inc located?
Warming Shelter Inc is headquartered in Sioux City, Iowa and files with the IRS under EIN 471257560. It is classified under NTEE code L41.
How many years of IRS 990 filings does Warming Shelter Inc have?
Warming Shelter Inc has 10 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 $1.2M in total revenue.
Filing History
IRS 990 filing history for Warming Shelter Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2014–2023), Warming Shelter Inc's revenue has grown by 1529.4%, moving from $49K to $793K. Total assets increased by 2590.6% over the same period, from $29K to $769K. Total functional expenses rose by 4565.1%, from $20K to $936K. In its most recent filing year (2023), Warming Shelter Inc reported a deficit of $143K, with expenses exceeding revenue. The organization holds $36K in liabilities against $769K in assets (debt-to-asset ratio: 4.7%), resulting in net assets of $733K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $793K | $936K | $769K | $36K | — | View 990 |
| 2022 | $591K | $520K | $871K | $43K | — | View 990 |
| 2021 | $530K | $449K | $795K | $39K | — | View 990 |
| 2020 | $432K | $407K | $709K | $33K | — | View 990 |
| 2019 | $900K | $328K | $680K | $29K | — | — |
| 2018 | $318K | $316K | $104K | $679 | — | View 990 |
| 2017 | $211K | $160K | $101K | $0 | — | View 990 |
| 2016 | $169K | $134K | $50K | $0 | — | View 990 |
| 2015 | $191K | $154K | $37K | $45K | — | View 990 |
| 2014 | $49K | $20K | $29K | $5K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $793K, expenses of $936K, and assets of $769K (revenue +34.2% year-over-year).
- 2022: Revenue of $591K, expenses of $520K, and assets of $871K (revenue +11.6% year-over-year).
- 2021: Revenue of $530K, expenses of $449K, and assets of $795K (revenue +22.5% year-over-year).
- 2020: Revenue of $432K, expenses of $407K, and assets of $709K (revenue -52.0% year-over-year).
- 2019: Revenue of $900K, expenses of $328K, and assets of $680K (revenue +183.2% year-over-year).
- 2018: Revenue of $318K, expenses of $316K, and assets of $104K (revenue +51.0% year-over-year).
- 2017: Revenue of $211K, expenses of $160K, and assets of $101K (revenue +24.4% year-over-year).
- 2016: Revenue of $169K, expenses of $134K, and assets of $50K (revenue -11.5% year-over-year).
- 2015: Revenue of $191K, expenses of $154K, and assets of $37K (revenue +293.1% year-over-year).
- 2014: Revenue of $49K, expenses of $20K, and assets of $29K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Warming Shelter Inc:
Data Sources and Methodology
This transparency report for Warming Shelter 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.