Mutual Aid Sharing Plan

Analysis

Mutual Aid Sharing Plan is a registered charity in United States, based in Irwin, OH. It received its IRS tax-exemption ruling in July 1991, 35 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Mutual Aid Sharing Plan reported income of $3.8m and spending of $4.8m, spending 129% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $3.5m to $3.8m (+6.0%), an average of +1.5% a year. The sharpest change came in the year to September 2023, when income rose by 24%. Over the whole period it spent 117% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Mutual Aid Sharing Plan sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within OH. Charities of a similar size with the same main cause include Herzog Tomorrow Foundation ($3.8m), Birmingham Jewish Federation ($3.8m) and Jewish Federation of Greater Portland ($3.8m).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 97% of the total. Compensation of current officers, directors and key employees was $107k (2.2% of expenses). Other salaries and wages came to $33k. At year end it held assets of $2.6m against liabilities of $873k, net assets of $1.7m. It reported 2 employees.

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.