Shady Rest Foundation Inc

Analysis

Shady Rest Foundation Inc is a registered charity in United States, based in Fort Myers, FL. It received its IRS tax-exemption ruling in March 2005, 21 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a private non-operating foundation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2021, Shady Rest Foundation Inc reported income of $1.3m and spending of $3.9m, spending 306% of what it took in. Across the 3 years on record, from September 2019 to September 2021, income fell from $11.5m to $1.3m (-89%), an average of -67% a year. The sharpest change came in the year to September 2021, when income rose by 568%. Over the whole period it spent 35% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Shady Rest Foundation Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 84th percentile within FL. Charities of a similar size with the same main cause include Recovery Community ($1.3m), Utah Health & Human Rights Project ($1.3m) and Gulfcoast North Area Health Education Center Inc ($1.3m).

At year end it held assets of $8.2m against liabilities of $0, net assets of $8.2m.