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Share the Table Inc

RegisteredEIN 35-2587416Hampstead, NCPoverty relief
Income$2.0m2023-12
Spending$2.0msame year
Spent / received80%4-year average
Size in its cause83rd pctPoverty relief
Exempt since2018Publicly supported organisat
Employees2latest return

Analysis

Share the Table Inc is a registered charity in United States, based in Hampstead, NC. It received its IRS tax-exemption ruling in February 2018, 8 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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 the Table Inc reported income of $2.0m and spending of $2.0m, spending 100% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $1.1m to $2.0m (+78%), an average of +21% a year. The sharpest change came in the year to December 2022, when income rose by 36%. Over the whole period it spent 80% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Share the Table Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within NC. Charities of a similar size with the same main cause include Farmer Veteran Coalition ($2.0m), Mobility Training and Independent Living Program Inc ($2.0m) and Young Mens Christian Association of Albany Inc ($2.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $48k (2.4% of expenses). Other salaries and wages came to $17k. At year end it held assets of $1.7m against liabilities of $356k, net assets of $1.4m. It reported 2 employees.

Income and spending

$0$493k$987k$1.5m$2.0m2020 Income: $1,110,8042020 Spending: $871,88920202021 Income: $1,365,4242021 Spending: $1,021,81020212022 Income: $1,860,3182022 Spending: $1,192,01020222023 Income: $1,973,0312023 Spending: $1,963,2832023
IncomeSpending

Where the income comes from

  • Contributions & grants 99%
  • Other 1.3%

Similar-sized charities, same cause

CharityLocationIncome
Farmer Veteran CoalitionDallas$2.0m
Mobility Training and Independent Living Program IncMadison$2.0m
Young Mens Christian Association of Albany IncAlbany$2.0m
Lutheran Service Society of Western PennsylvaniaPittsburgh$2.0m