Share and Care Foundation for India

Analysis

Share and Care Foundation for India is a registered charity in United States, based in Rochelle Park, NJ. It received its IRS tax-exemption ruling in October 1986, 40 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 and Care Foundation for India reported income of $1.5m and spending of $1.2m, leaving 24% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.8m to $1.5m (-14%), an average of -3.6% a year. The sharpest change came in the year to December 2022, when income dropped by 45%. Over the whole period it spent 109% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Share and Care Foundation for India sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 86th percentile within NJ. Charities of a similar size with the same main cause include Jaffna College Funds Trustee ($1.5m), Working Bikes ($1.6m) and Global Exchange ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% of the total. Compensation of current officers, directors and key employees was $53k (4.5% of expenses). Other salaries and wages came to $74k. At year end it held assets of $2.0m against liabilities of $435k, net assets of $1.5m. It reported 2 employees.