Right Sharing of World Resources Inc
Analysis
Right Sharing of World Resources Inc is a registered charity in United States, based in Richmond, IN. It received its IRS tax-exemption ruling in March 1999, 27 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 June 2023, Right Sharing of World Resources Inc reported income of $1.4m and spending of $900k, leaving 34% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $818k to $1.4m (+67%), an average of +19% a year. The sharpest change came in the year to June 2023, when income rose by 59%. Over the whole period it spent 76% of the income it received.
Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Right Sharing of World Resources Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 83rd percentile within IN. Charities of a similar size with the same main cause include American Friends of Bait Shmaya School Inc ($1.4m), Become More ($1.4m) and Keren Nesivos Moshe-Develpment Fund for Torah Chinuch in Israel Inc ($1.4m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 81% of the total. Compensation of current officers, directors and key employees was $88k (9.7% of expenses). Other salaries and wages came to $191k. It paid $4,237 in professional fundraising fees. At year end it held assets of $2.7m against liabilities of $130k, net assets of $2.6m. It reported 6 employees.
Income and spending
Where the income comes from
- Contributions & grants 81%
- Other 19%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| American Friends of Bait Shmaya School Inc | Baltimore | $1.4m |
| Become More | Farmington | $1.4m |
| Keren Nesivos Moshe-Develpment Fund for Torah Chinuch in Israel Inc | New York | $1.4m |
| American Yedidim | N Miami Beach | $1.4m |