Shared Blessings Inc

Analysis

Shared Blessings Inc is a registered charity in United States, based in Vancouver, WA. It received its IRS tax-exemption ruling in October 2002, 24 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Shared Blessings Inc reported income of $411k and spending of $315k, leaving 23% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $146k to $411k (+182%), an average of +41% a year. The sharpest change came in the year to December 2023, when income rose by 80%. Over the whole period it spent 84% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Shared Blessings Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 65th percentile within WA. Charities of a similar size with the same main cause include Ministry of Outreach to Slavic Tribes Inc ($411k), New Creation Life Ministries Inc ($411k) and Ochoco Christian Conference Center ($411k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 2.9% of the total. Compensation of current officers, directors and key employees was $23k (7.4% of expenses). At year end it held assets of $716k against liabilities of $70, net assets of $716k. It reported 1 employees.