Shua Group

Analysis

Shua Group is a registered charity in United States, based in Detroit, MI. It received its IRS tax-exemption ruling in March 2007, 19 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Shua Group reported income of $135k and spending of $100k, leaving 26% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $139k to $135k (-3.3%), an average of -3.3% a year. Over the whole period it spent 61% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Shua Group sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 44th percentile within MI. Charities of a similar size with the same main cause include Anaheim Fall Festival ($135k), Okc Good Inc ($135k) and Threaded Together ($135k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 33% and program service revenue 66% of the total. At year end it held assets of $403k against liabilities of $26k, net assets of $377k.