Project Share VII Inc

Analysis

Project Share VII Inc is a registered charity in United States, based in Medford, NY. It received its IRS tax-exemption ruling in March 2000, 26 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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 VII Inc reported income of $94k and spending of $176k, spending 188% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $105k to $94k (-11%), an average of -2.8% a year. The sharpest change came in the year to December 2021, when income rose by 18%. Over the whole period it spent 145% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Project Share VII Inc sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 35th percentile within NY. Charities of a similar size with the same main cause include Garrets Promise Inc ($94k), Oakland County Alano Club Inc ($94k) and Los Angeles Society of Ophthalmology ($94k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 52% and program service revenue 48% of the total. At year end it held assets of $921k against liabilities of $116k, net assets of $805k.

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.