The Shalom Project Inc
Only null% goes to programs Strong reserves Growing revenue
The Shalom Project Inc is a 501(c)(3) organization based in Winston Salem, North Carolina, registered in 2006, with $815,392 in FY2024 revenue. CharityIndex grades it B.
639 S Green St, Winston Salem, NC, 27101 EIN 20-2136431 Since 2006
Revenue (FY2024)
$815K
▲ 10.9% vs prior year
Religion median: $139K
Expenses (FY2024)
$701K
Net assets
$903K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for The Shalom Project Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating15 mo reserves · +14% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For The Shalom Project Inc: 15 mo reserves · +14% margin earns a A on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for The Shalom Project Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For The Shalom Project Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- 639 S Green St, Winston Salem, NC, 27101
- City
- Winston Salem
- State
- North Carolina
- Category
- Religion-Related
- Subcategory
- Christian Churches & Ministries
- Website
- …
Financial trends
Revenue grew from $128K (FY2012) to $815K (FY2024) across 13 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $13KNet assets $903K
Operating margin
14.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$916K
Total liabilities
$13K
Net assets
$903K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $815,392▲10.9% | $701,239▲18.0% | $902,947▲14.5% | $915,709▲14.6% | 990 |
| 2023 | $735,059▲25.3% | $594,059▲31.3% | $788,794▲21.8% | $799,032▲22.2% | 990 |
| 2022 | $586,523 | $452,559▲18.0% | $647,794▲26.1% | $653,798▲26.2% | 990 |
| 2021 | $586,785▼3.3% | $383,582▼0.2% | $513,830▲65.4% | $518,212▲64.3% | 990 |
| 2020 | $607,005▼1.3% | $384,383▼34.8% | $310,627▲253% | $315,410▲245% | 990 |
| 2019 | $615,097▲111% | $589,375▲117% | $88,005▲41.3% | $91,333▲40.0% | 990 |
| 2018 | $290,988▲39.5% | $271,931▲20.8% | $62,283▲44.1% | $65,242▲31.8% | 990 |
| 2017 | $208,539▼8.7% | $225,128▼7.8% | $43,226▼27.7% | $49,486▼25.0% | 990 |
| 2016 | $228,353▼2.9% | $244,244▲17.9% | $59,815▼21.0% | $65,973▼18.9% | 990 |
| 2015 | $235,263▲13.7% | $207,155▲11.0% | $75,706▲59.1% | $81,388▲56.3% | 990 |
| 2014 | $206,936▲37.9% | $186,599▲31.9% | $47,598▲74.6% | $52,084▲46.8% | 990 |
| 2013 | $150,048▲16.9% | $141,489▲25.3% | $27,261▲45.8% | $35,479▲17.4% | 990EZ |
| 2012 | $128,318 | $112,963 | $18,702 | $30,227 | 990EZ |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Grants received · $5.5M total
52 grants to The Shalom Project Inc totaling $5.5M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Direct Relief | Support to us clinics & health centers for low-income, uninsured patients | 2024 | $253,896 |
| Second Harvest Food Bank of Northwest North Carolina Inc | Feeding the poor and | 2024 | $238,643 |
| Network For Good Inc | Unrestricted | 2024 | $121,629 |
| Winston-salem Foundation | 9 grant(s) for varying purposes | 2024 | $34,350 |
| Goodwill Industries of Nw North Carolina Inc | Supporting charitable organizations with missions that complement goodwill's mission | 2024 | $15,000 |
| Second Harvest Food Bank of Northwest North Carolina Inc | Feeding the poor and | 2023 | $260,110 |
| Direct Relief | Support to us clinics & health centers for low-income, uninsured patients | 2023 | $249,746 |
| Network For Good Inc | Unrestricted | 2023 | $110,249 |
| Winston-salem Foundation | 11 grant(s) for varying purposes | 2023 | $34,700 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2023 | $12,750 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $8,020 |
| Direct Relief | Support to us clinics & health centers for low-income, uninsured patients | 2022 | $240,789 |
| Second Harvest Food Bank of Northwest North Carolina Inc | Feeding the poor and | 2022 | $175,260 |
| Network For Good Inc | Unrestricted | 2022 | $83,338 |
| Forsyth Memorial Hospital Inc | Community outreach | 2022 | $25,000 |
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Frequently asked questions
- Is The Shalom Project Inc a legitimate nonprofit?
- Yes. The Shalom Project Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 20-2136431, based in Winston Salem, North Carolina. Donations are tax-deductible.
- What is The Shalom Project Inc's EIN?
- The Shalom Project Inc's Employer Identification Number (EIN) is 20-2136431.
- How much revenue does The Shalom Project Inc report?
- The Shalom Project Inc reported $815,392 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does The Shalom Project Inc have?
- CharityIndex grades The Shalom Project Inc B, based on financial health (reserves and operating margin).
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Data for The Shalom Project Inc (EIN 20-2136431) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.