Gardenshare Inc

Analysis

Gardenshare Inc is a registered charity in United States, based in Canton, NY. It received its IRS tax-exemption ruling in December 2001, 25 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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, Gardenshare Inc reported income of $183k and spending of $195k, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $145k to $183k (+26%), an average of +6.0% a year. The sharpest change came in the year to December 2020, when income rose by 28%. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Gardenshare Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 49th percentile within NY. Charities of a similar size with the same main cause include Shippensburg Produce Outreach Inc ($183k), Sentli-Center for Regenerative Agriculture ($183k) and Bakhita Mountain Home Inc ($183k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 86% of the total. Other salaries and wages came to $125k. At year end it held assets of $163k against liabilities of $82k, net assets of $81k. It reported 6 employees.