Sharehouse Foundation

Analysis

Sharehouse Foundation is a registered charity in United States, based in Fargo, ND. It received its IRS tax-exemption ruling in February 2009, 17 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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, Sharehouse Foundation reported income of $77k and spending of $211k, spending 273% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $193k to $77k (-60%), an average of -20% a year. The sharpest change came in the year to December 2021, when income rose by 442%. Over the whole period it spent 85% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Sharehouse Foundation sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 21st percentile within ND. Charities of a similar size with the same main cause include Kids Without Cancer ($77k), Kane Community Hospital Foundation ($77k) and Sherkow Center for Child Development and Autism Spectrum Di ($77k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 72% of the total. Compensation of current officers, directors and key employees was $39k (19% of expenses). Other salaries and wages came to $17k. At year end it held assets of $666k against liabilities of $45k, net assets of $621k.