CSCharityScored
58

Shining Hope Farms

Human Services · Mt Holly, North Carolina

328 Whippoorwill Ln, Mt Holly, NC 28120-9765

EIN: 300067482· Founded: Aug 2002· 24 years active· Filing Year: 2023

Annual Revenue

$1.2M

Total Expenses

$1.3M

Total Assets

$755K

Program Spending

42%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$28K

2.2% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$652K

Total Payroll

$680K

53% of total expenses

Where the Money Goes

42%
Programs: 42%
Payroll: 53%
Other overhead: 58%
Program Revenue$536K (46%)
Total Expenses$1.3M (100%)
Payroll$680K (53%)
Overhead (non-program)58%

Trust Score Breakdown

Program Spending Ratio

42% of expenses go to programs

40%

Revenue & Stability

$1.2M annual revenue

15%

Executive Compensation

$28K total officer comp (2.2% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$755K in assets

10%

Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.