Share XII Inc

Analysis

Share XII Inc is a registered charity in United States, based in Medford, NY. It received its IRS tax-exemption ruling in July 2007, 19 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 December 2023, Share XII Inc reported income of $137k and spending of $199k, spending 146% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $125k to $137k (+9.6%), an average of +2.3% a year. Over the whole period it spent 148% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Share XII Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 43rd percentile within NY. Charities of a similar size with the same main cause include Hale Area Fish ($137k), Meals on Wheels of Muncie Inc ($137k) and Pocahontas County Fair Association Incorporated ($137k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 59% and program service revenue 40% of the total. At year end it held assets of $2.2m against liabilities of $97k, net assets of $2.1m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.