Shpa Abc

Analysis

Shpa Abc is a registered charity in United States, based in Richfield, MN. It received its IRS tax-exemption ruling in May 2017, 9 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Shpa Abc reported income of $992k and spending of $911k, spending 92% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $970k to $992k (+2.3%), an average of +0.6% a year. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Shpa Abc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 78th percentile within MN. Charities of a similar size with the same main cause include Friends Of@gala ($992k), Reach Success Inc ($992k) and Harford County Public Library Foundation Inc ($992k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 96% of the total. At year end it held assets of $13.6m against liabilities of $14.2m, net assets of -$558k.