Share Incorporated

Analysis

Share Incorporated is a registered charity in United States, based in McLean, VA. It received its IRS tax-exemption ruling in April 1971, 55 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 June 2024, Share Incorporated reported income of $561k and spending of $492k, spending 88% of its income. Across the 5 years on record, from June 2020 to June 2024, income fell from $814k to $561k (-31%), an average of -8.9% a year. The sharpest change came in the year to June 2022, when income dropped by 26%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Share Incorporated sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 72nd percentile within VA. Charities of a similar size with the same main cause include Tea Party Patriots Foundation Inc ($561k), Gideon Pond Housing Corporation ($561k) and Centro Civico Mexicano ($561k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 99% of the total. At year end it held assets of $603k against liabilities of $0, net assets of $603k.