Shama Inc

Analysis

Shama Inc is a registered charity in United States, based in Plover, WI. It received its IRS tax-exemption ruling in November 2024, 2 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 August 2021, Shama Inc reported income of $50k and spending of $31k, leaving 39% of income unspent that year. Across the 2 years on record, from August 2019 to August 2021, income fell from $78k to $50k (-36%), an average of -36% a year. The sharpest change came in the year to August 2021, when income dropped by 36%. Over the whole period it spent 72% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Shama Inc sits at the 21st percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 16th percentile within WI. Charities of a similar size with the same main cause include Robert and Christine Chiles Foundation ($50k), General Federation of Womens Clubs ($50k) and Reinvest Toledo ($50k).

On its Form 990 for the period ending August 2021, revenue came from contributions and grants 59% and program service revenue 18% of the total. At year end it held assets of $187k against liabilities of $0, net assets of $187k.