Shared Living Collaborativeincorporated

Analysis

Shared Living Collaborativeincorporated is a registered charity in United States, based in Merrimac, MA. 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Shared Living Collaborativeincorporated reported income of $18.1m and spending of $14.8m, spending 82% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $15.0m to $18.1m (+20%), an average of +4.7% a year. Over the whole period it spent 86% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Shared Living Collaborativeincorporated sits at the 97th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 96th percentile within MA. Charities of a similar size with the same main cause include Community Resource Center for the Developmentally Disabled Inc ($18.1m), Jones-Harrison Residence Corporation ($18.1m) and Academie Lafayette ($18.1m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 91% and program service revenue 8.0% of the total. Compensation of current officers, directors and key employees was $377k (2.5% of expenses). Other salaries and wages came to $3.8m. At year end it held assets of $18.9m against liabilities of $2.2m, net assets of $16.7m. It reported 223 employees.