Shadowserver Foundation Inc

Analysis

Shadowserver Foundation Inc is a registered charity in United States, based in Pleasanton, CA. It received its IRS tax-exemption ruling in April 2020, 6 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, Shadowserver Foundation Inc reported income of $3.7m and spending of $3.3m, spending 91% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $2.2m to $3.7m (+66%), an average of +11% a year. The sharpest change came in the year to December 2020, when income rose by 50%. Over the whole period it spent 106% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Shadowserver Foundation Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within CA. Charities of a similar size with the same main cause include FDM Foundation ($3.7m), Undergraduate Student Government at Stonybrook University ($3.7m) and Foundation for the McKnight Center for the Performing Arts ($3.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 84% and program service revenue 16% of the total. Compensation of current officers, directors and key employees was $383k (11% of expenses). Other salaries and wages came to $713k. At year end it held assets of $2.2m against liabilities of $2.1m, net assets of $143k. It reported 6 employees.