Mayville Area Share Shop

Analysis

Mayville Area Share Shop is a registered charity in United States, based in Mayville, MI. It received its IRS tax-exemption ruling in July 1993, 33 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Mayville Area Share Shop reported income of $100k and spending of $97k, spending 97% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $92k to $100k (+8.3%), an average of +8.3% a year. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mayville Area Share Shop sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 36th percentile within MI. Charities of a similar size with the same main cause include Carlton Amateur Hockey Association ($100k), Avila Beach Civic Association ($100k) and Greenstage ($100k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 24% of the total. At year end it held assets of $302k against liabilities of $0, net assets of $302k.