Share Foundation Inc

Analysis

Share Foundation Inc is a registered charity in United States, based in New Bedford, MA. It received its IRS tax-exemption ruling in April 1984, 42 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 September 2024, Share Foundation Inc reported income of $109k and spending of $183k, spending 168% of what it took in. Across the 4 years on record, from September 2021 to September 2024, income fell from $171k to $109k (-36%), an average of -14% a year. The sharpest change came in the year to September 2023, when income dropped by 33%. Over the whole period it spent 115% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Share Foundation Inc sits at the 39th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 45th percentile within MA. Charities of a similar size with the same main cause include Renville County Historical Society ($109k), Hummel Report ($109k) and Alpine Kiwanis Charities Fund Inc ($109k).

On its Form 990-EZ for the period ending September 2024, revenue came from contributions and grants 59% of the total. At year end it held assets of $179k against liabilities of $0, net assets of $179k.