Shorewalkers Inc

Analysis

Shorewalkers Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in September 1985, 41 years ago. 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, Shorewalkers Inc reported income of $101k and spending of $75k, leaving 26% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $99k to $101k (+1.7%), an average of +1.7% a year. Over the whole period it spent 65% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Shorewalkers Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 36th percentile within NY. Charities of a similar size with the same main cause include Sos Center Inc ($101k), Sussex County Historical Society ($101k) and Chisholm Ski Club Association Inc ($101k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 95% of the total. At year end it held assets of $137k against liabilities of $1,189, net assets of $136k.