Share Outreach Incorporated

Analysis

Share Outreach Incorporated is a registered charity in United States, based in Milford, NH. It received its IRS tax-exemption ruling in December 2006, 20 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 June 2023, Share Outreach Incorporated reported income of $1.9m and spending of $1.7m, spending 87% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.6m to $1.9m (+22%), an average of +6.9% a year. The sharpest change came in the year to June 2023, when income rose by 22%. Over the whole period it spent 82% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Share Outreach Incorporated sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within NH. Charities of a similar size with the same main cause include Amachi Pittsburgh ($1.9m), Wraparound Family Services ($1.9m) and Housing Works Used Book Cafe Inc ($1.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $87k (5.2% of expenses). Other salaries and wages came to $71k. At year end it held assets of $3.3m against liabilities of $10k, net assets of $3.3m. It reported 3 employees.