Shure Charitable TR Created Uw of Sidney N Shure

Analysis

Shure Charitable TR Created Uw of Sidney N Shure is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in November 2016, 10 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Shure Charitable TR Created Uw of Sidney N Shure reported income of $2.7m and spending of $2.7m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $4.5m to $2.7m (-39%), an average of -12% a year. The sharpest change came in the year to June 2022, when income rose by 109%. Over the whole period it spent 100% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Shure Charitable TR Created Uw of Sidney N Shure sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within IL. Charities of a similar size with the same main cause include Foundation for the American West ($2.7m), Menorah Heritage Foundation ($2.7m) and University of Arkansas Technology Development Foundation ($2.7m).

At year end it held assets of $52.0m against liabilities of $430k, net assets of $51.5m.