Charity Search / SHELLBOURNE INC
Religion-Related (X22Z) 990 on File

SHELLBOURNE INC

EIN: 35-1266330 · VALPARAISO, IN 46385-7728 · United States · FY 2024 Data
3 out of 5 59 / 100 Based on 2+ years of filings
Financial strength (30%) 95/100
Reliability (20%) 55/100
Effectiveness (25%) 88/100
Impact (25%) No data yet
Financial data: FY 2024 · Scored 9/13/2026
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Financial Overview — FY 2024
$1.6M
Total Revenue
$1.7M
Total Expenses
$7.7M
Net Assets
57
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 85.6%
Fundraising Efficiency N/A
Operating Reserve 55.42x
Liability-to-Asset 1.0%
Revenue Diversification 77.3%
Executive Compensation $30K
Compared with Peers
FY 2024
Compared with 1,519 similar organizations (United States, Religion-Related, $1M–$10M in expenses), FY 2024.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
85.6% 85.4%
P10P90
Above median
Admin expense ratio
Management and general / total expenses · lower is better
10.3% 10.3%
P10P90
Below median
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
4.1% 0.9%
P10P90
Below median
Operating reserve
Months of expenses covered by net assets · higher is better
55.4 mo 9.0 mo
P10P90
Top quarter
Liabilities to assets
Total liabilities / total assets · lower is better
1.0% 5.5%
P10P90
Above median
Revenue concentration
Share of revenue from the largest source · lower is better
77.3% 93.6%
P10P90
Above median
Revenue growth
Year over year revenue growth
13.7% 8.2%
P10P90
Expense growth
Year over year expense growth
1.4% 8.1%
P10P90
Surplus margin
Surplus as a share of revenue
-1.8% 2.3%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $1.6M $1.7M $7.7M 85.6% 57
2023 $1.4M $1.6M $7.7M 85.1% 59
2022 $1.7M $1.6M $7.9M 84.3% 61
2021 $1.6M $1.6M N/A 41
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Organization Details
EIN
35-1266330
State
IN
City
VALPARAISO
ZIP
46385-7728
Classification
X22Z
Category
Religion-Related
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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