Share Xiii Inc

Analysis

Share Xiii 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. 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 Xiii Inc reported income of $122k and spending of $217k, spending 178% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $129k to $122k (-5.9%), an average of -1.5% a year. Over the whole period it spent 148% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Share Xiii Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 41st percentile within NY. Charities of a similar size with the same main cause include Public Risk Management Association-Colorado Chapter Inc ($122k), Camp Rainbow Inc ($122k) and Kelly Foundation Incorporated ($122k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 61% and program service revenue 39% of the total. At year end it held assets of $2.2m against liabilities of $109k, 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.