Shared Beat

Analysis

Shared Beat is a registered charity in United States, based in Boerne, TX. It received its IRS tax-exemption ruling in May 2006, 20 years ago. Its declared purposes cover health care, 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, Shared Beat reported income of $179k and spending of $142k, leaving 20% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $199k to $179k (-9.9%), an average of -9.9% a year. Over the whole period it spent 64% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Shared Beat sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 55th percentile within TX. Charities of a similar size with the same main cause include Virginia Mae King Foundation ($179k), Lancaster Patient Care Center ($179k) and Four Way Ambulance Emergency Service Inc ($179k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $463k against liabilities of $1,121, net assets of $462k.