Shreemay Community Services Inc

Analysis

Shreemay Community Services Inc is a registered charity in United States, based in San Jose, CA. It received its IRS tax-exemption ruling in May 2010, 16 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Shreemay Community Services Inc reported income of $186k and spending of $190k, spending 102% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $144k to $186k (+29%), an average of +29% a year. The sharpest change came in the year to December 2023, when income rose by 29%. Over the whole period it spent 80% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Shreemay Community Services Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 54th percentile within CA. Charities of a similar size with the same main cause include Bethany Center ($186k), Piedmont Electric Helping Hand Foundation Inc ($186k) and Youth Outreach Services ($186k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 67% of the total. At year end it held assets of $314k against liabilities of $115k, net assets of $199k.