We Care We Share Ministries

Analysis

We Care We Share Ministries is a registered charity in United States, based in Lorain, OH. It received its IRS tax-exemption ruling in July 2010, 16 years ago. Its declared purposes cover food, agriculture and nutrition, 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, We Care We Share Ministries reported income of $102k and spending of $92k, spending 90% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $64k to $102k (+60%), an average of +60% a year. The sharpest change came in the year to December 2023, when income rose by 60%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, We Care We Share Ministries sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 38th percentile within OH. Charities of a similar size with the same main cause include Carenow Foundation ($102k), Cowboy Crisis Fund ($102k) and Friends of Hampshire County Homeless Individuals Inc ($102k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $164k against liabilities of $266, net assets of $164k.