Project Share

Analysis

Project Share is a registered charity in United States, based in Cherryfield, ME. It received its IRS tax-exemption ruling in December 1995, 31 years ago. Its declared purposes cover animal-related, which this site groups under animals. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Project Share reported income of $926k and spending of $729k, leaving 21% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $376k to $926k (+146%), an average of +25% a year. The sharpest change came in the year to December 2023, when income rose by 124%. Over the whole period it spent 91% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Project Share sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 75th percentile within ME. Charities of a similar size with the same main cause include Friends of the Bay Beach Wildlife Sanctuary Inc ($926k), Rezdawg Rescue Inc ($927k) and Adopt a Pet of Victoria Inc ($926k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $121k (17% of expenses). Other salaries and wages came to $53k. At year end it held assets of $249k against liabilities of $0, net assets of $249k. It reported 9 employees.