Shira Association Inc

Analysis

Shira Association Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in March 1997, 29 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Shira Association Inc reported income of $8.2m and spending of $8.2m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $7.0m to $8.2m (+16%), an average of +3.8% a year. Over the whole period it spent 100% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Shira Association Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 92nd percentile within NY. Charities of a similar size with the same main cause include Kick Drugs Out of America Foundation ($8.1m), Boy Scouts of America ($8.2m) and Boys & Girls Clubs of South Puget Sound ($8.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $172k (2.1% of expenses). Other salaries and wages came to $4.6m. At year end it held assets of $39k against liabilities of $39k, net assets of $1. It reported 147 employees.