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Shared Care Services Inc

RegisteredEIN 26-0711417Saline, MIHealth and saving lives
Income$1.1m2023-04
Spending$1.4msame year
Spent / received105%5-year average
Size in its cause65th pctHealth and saving lives
Exempt since2008Publicly supported organisat
Employees56latest return

Analysis

Shared Care Services Inc is a registered charity in United States, based in Saline, MI. It received its IRS tax-exemption ruling in October 2008, 18 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 April 2023, Shared Care Services Inc reported income of $1.1m and spending of $1.4m, spending 123% of what it took in. Across the 5 years on record, from April 2019 to April 2023, income fell from $1.2m to $1.1m (-10%), an average of -2.6% a year. Over the whole period it spent 105% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Shared Care Services Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 80th percentile within MI. Charities of a similar size with the same main cause include Allcare Provider Services Inc ($1.1m), Friends Of@kijabe ($1.1m) and Prayers From Maria Foundation ($1.1m).

On its Form 990 for the period ending April 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $1.0m. At year end it held assets of $16k against liabilities of $3.3m, net assets of -$3.3m. It reported 56 employees.

Income and spending

$0$356k$711k$1.1m$1.4m2019 Income: $1,231,6692019 Spending: $1,422,42120192020 Income: $1,220,4262020 Spending: $1,190,24820202021 Income: $1,111,2742021 Spending: $1,099,49920212022 Income: $1,166,8872022 Spending: $1,077,44020222023 Income: $1,107,3452023 Spending: $1,364,0382023
IncomeSpending

Where the income comes from

  • Program services 100%
  • Other 0.0%

Similar-sized charities, same cause

CharityLocationIncome
Allcare Provider Services IncBronx$1.1m
Friends Of@kijabeCharlotte$1.1m
Prayers From Maria FoundationRocky River$1.1m
Cove Care Services IncFayetteville$1.1m