Share Your Soles Foundation Inc

Analysis

Share Your Soles Foundation Inc is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in February 2002, 24 years ago. Its declared purposes cover human services, 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 Your Soles Foundation Inc reported income of $101k and spending of $98k, spending 97% of its income. Across the 3 years on record, from December 2019 to December 2023, income grew from $96k to $101k (+5.2%), an average of +2.5% a year. Over the whole period it spent 165% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Share Your Soles Foundation Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 38th percentile within IL. Charities of a similar size with the same main cause include City Eats Inc ($101k), CR Pride ($101k) and Families Involved Serving Humanity Inc ($101k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 80% of the total. At year end it held assets of $55k against liabilities of $22k, net assets of $33k.