Project Share II Inc

Analysis

Project Share II Inc is a registered charity in United States, based in Medford, NY. It received its IRS tax-exemption ruling in January 1993, 33 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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 II Inc reported income of $171k and spending of $182k, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $163k to $171k (+4.9%), an average of +1.2% a year. Over the whole period it spent 111% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Project Share II Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 48th percentile within NY. Charities of a similar size with the same main cause include Meals on Wheels of Jefferson County Inc ($171k), Community Nursery School of Appleton Inc ($171k) and Macomb Foundation ($171k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 54% and program service revenue 41% of the total. At year end it held assets of $604k against liabilities of $125k, net assets of $479k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.