Share Xiv Inc

Analysis

Share Xiv Inc is a registered charity in United States, based in Medford, NY. It received its IRS tax-exemption ruling in December 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, Share Xiv Inc reported income of $125k and spending of $252k, spending 202% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $148k to $125k (-16%), an average of -4.2% a year. The sharpest change came in the year to December 2022, when income dropped by 21%. Over the whole period it spent 167% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Share Xiv Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 41st percentile within NY. Charities of a similar size with the same main cause include Santas Posse ($125k), Hope in Motion International ($125k) and Fund for Refugee Initiatives ($125k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 71% and program service revenue 29% of the total. At year end it held assets of $2.9m against liabilities of $71k, net assets of $2.9m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.