Care & Share Shoppes Inc

Analysis

Care & Share Shoppes Inc is a registered charity in United States, based in Souderton, PA. It received its IRS tax-exemption ruling in June 1995, 31 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 December 2023, Care & Share Shoppes Inc reported income of $4.5m and spending of $4.1m, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.1m to $4.5m (+8.0%), an average of +1.9% a year. The sharpest change came in the year to December 2021, when income rose by 58%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Care & Share Shoppes Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 90th percentile within PA. Charities of a similar size with the same main cause include Jewish Family Service of Rockland County Inc ($4.5m), Maple Shade Youth & Family Services Inc ($4.5m) and Coleman Children and Youth Services ($4.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 50% of the total. Compensation of current officers, directors and key employees was $92k (2.2% of expenses). Other salaries and wages came to $1.8m. At year end it held assets of $5.0m against liabilities of $2.5m, net assets of $2.6m. It reported 151 employees.