Sharing Resources Worldwide Inc

Analysis

Sharing Resources Worldwide Inc is a registered charity in United States, based in Monona, WI. It received its IRS tax-exemption ruling in June 2005, 21 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Sharing Resources Worldwide Inc reported income of $93k and spending of $127k, spending 137% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $32k to $93k (+195%), an average of +195% a year. The sharpest change came in the year to December 2023, when income rose by 195%. Over the whole period it spent 153% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Sharing Resources Worldwide Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 33rd percentile within WI. Charities of a similar size with the same main cause include White Harvest Foundation ($93k), Neco Foundation ($93k) and Word in Prayer Evangelistic Ministry ($93k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $142k against liabilities of $35k, net assets of $107k.