Financial Information
Ensuring Financial Integrity
Financial transparency and accountability are a cornerstone of Christian Shelter’s operations in Salisbury, MD. We rely heavily on individual donors and business organizations to keep our doors open to those in need, making it imperative for us to be transparent about our financial dealings.
We believe that our supporters and the community deserve to understand how their contributions are utilized to further our mission of supporting people experiencing homelessness and life crises. To uphold this commitment, we created a page where you can access detailed financial reports and other related information. By openly sharing how funds are allocated, we foster trust among our donors and stakeholders and demonstrate responsibility for the financial resources entrusted to us.
Our 501(c)(3) Status
Christian Shelter, Inc. is recognized as a 501(c)(3) tax-exempt charitable organization, which allows us to operate as a nonprofit dedicated to supporting the many needs of the Salisbury community. This status is crucial not only for our operations but also for our donors, who can benefit from tax-deductible contributions.
Our Current Financial Standing
The shelter’s most pressing financial needs revolve around sustaining daily operations while accommodating growth. Currently, 81% of donations go directly toward programs and services that benefit our guests, 15% cover administrative expenses, and 4% are allocated for fundraising efforts.
Our Financial Goals
As we look toward the future, our primary financial goals include maintaining the operation of the shelter and utilizing our capital budget for essential projects. This ongoing commitment ensures that we can continue providing safe housing, nutritious meals, and vital support services for individuals and families around the clock.
We’re also focused on expanding our services to meet the growing needs of our community. One of our major financial plans includes launching a capital campaign aimed at renovating the second floor of our facility. This project will expand our capacity to serve more individuals in need while enhancing the overall experience for guests at Christian Shelter.
How You Can Support Christian Shelter
Monetary donations play a critical role in funding specific programs and initiatives that directly improve the lives of those we serve. For example, contributions have enabled us to enhance our meal services, provide referrals for job training programs and counseling resources.
In addition to financial contributions, individuals or organizations can support us through in-kind donations or volunteer work. These are invaluable resources as they help significantly reduce operational costs.
We also encourage supporters to participate in several upcoming fundraising campaigns and events. Notable events include our Annual Sheltering Hearts Fundraising Dinner, the Magi Concert, and the Seagull Century bike ride. These events not only raise essential funds but also foster community engagement and awareness about homelessness in Salisbury.
Our annual report details these initiatives and showcases how your support translates into meaningful change within the community. You may access the file through the link below.
Other Sources ofFunding
Christian Shelter diversifies its funding sources to ensure sustainability in its operations. While donations from individuals and local businesses form a significant part of our revenue, we also receive grants from foundations and government programs that further bolster our financial stability. This helps us mitigate risks associated with reliance on any single funding source.
What to Expect From Our Annual Financial Reports
Our annual reports provide a comprehensive overview of our financial health, detailing income and expenses associated with running the shelter. They are available both by mail and electronically, ensuring that all supporters have easy access to this vital information.
These reports outline our financial standing and highlight specific programs and initiatives funded by donations, demonstrating the direct impact of community support on our operations.
All donors are also acknowledged in our annual report alongside having personalized thank you letters. We deeply value everyone’s generosity and take steps to recognize your contributions, regardless of how big or small they are.
A Message to Potential Donors
To potential donors, we want to emphasize how crucial your contributions are in making a difference in the lives of those we serve. Your financial support and in-kind donations empower us to continue providing vital services and resources that transform lives within our community.
We invite you to join us in creating a lasting change for those who need it most. If you’re interested in helping us, feel free to click on the links below. Thank you for considering the Christian Shelter. We’ll continue to work hard to uplift those experiencing homelessness and life crises.
