Share Foundation with the Handicapped Inc

Analysis

Share Foundation with the Handicapped Inc is a registered charity in United States, based in Rolling PR, IN. It received its IRS tax-exemption ruling in February 1983, 43 years ago. 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 Foundation with the Handicapped Inc reported income of $2.7m and spending of $1.9m, leaving 30% of income unspent that year. Across the 6 years on record, from December 2018 to December 2023, income grew from $1.3m to $2.7m (+101%), an average of +15% a year. The sharpest change came in the year to December 2021, when income rose by 56%. Over the whole period it spent 78% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Share Foundation with the Handicapped Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within IN. Charities of a similar size with the same main cause include Catholic Cemeteries of Spokane ($2.7m), Cornerstone Community Development Corporation NFP ($2.7m) and American Helicopter Society International Inc ($2.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 77% and program service revenue 17% of the total. Compensation of current officers, directors and key employees was $116k (6.2% of expenses). Other salaries and wages came to $653k. At year end it held assets of $10.8m against liabilities of $58k, net assets of $10.8m. It reported 50 employees.