Operation Share Energy Fund

Analysis

Operation Share Energy Fund is a registered charity in United States, based in Denver, PA. It received its IRS tax-exemption ruling in May 2006, 20 years ago. Its declared purposes cover human services, 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 September 2023, Operation Share Energy Fund reported income of $130k and spending of $152k, spending 117% of what it took in. Across the 4 years on record, from September 2019 to September 2023, income fell from $273k to $130k (-52%), an average of -22% a year. The sharpest change came in the year to September 2022, when income dropped by 32%. Over the whole period it spent 107% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Operation Share Energy Fund sits at the 39th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 41st percentile within PA. Charities of a similar size with the same main cause include Misfits Ministry Inc ($130k), Chesterfield Professional Fire Fighters Charitable Foundation ($130k) and Community Compassion USA ($130k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $23k against liabilities of $10k, net assets of $13k.