Sharing Foundation

Analysis

Sharing Foundation is a registered charity in United States, based in Concord, MA. It received its IRS tax-exemption ruling in July 1998, 28 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 March 2023, Sharing Foundation reported income of $680k and spending of $689k, spending 101% of its income. Across the 5 years on record, from March 2019 to March 2023, income fell from $691k to $680k (-1.5%), an average of -0.4% a year. The sharpest change came in the year to March 2021, when income rose by 70%. Over the whole period it spent 87% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Sharing Foundation sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 75th percentile within MA. Charities of a similar size with the same main cause include Citta ($680k), Faith Frontiers Inc ($681k) and Friends of Malmantile ($680k).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 58% of the total. Other salaries and wages came to $40k. At year end it held assets of $8.5m against liabilities of $88, net assets of $8.5m. It reported 1 employees.