Share-A-Home Inc

Analysis

Share-A-Home Inc is a registered charity in United States, based in Wadena, MN. It received its IRS tax-exemption ruling in December 1986, 40 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Share-A-Home Inc reported income of $1.2m and spending of $1.2m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $1.2m (+2.7%), an average of +0.7% a year. Over the whole period it spent 107% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Share-A-Home Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 80th percentile within MN. Charities of a similar size with the same main cause include Womens Center of Wake County Inc ($1.2m), Southwest Livestock Show Inc ($1.2m) and Boulder Day Nursery ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.0% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $67k (5.7% of expenses). Other salaries and wages came to $715k. At year end it held assets of $1.4m against liabilities of $66k, net assets of $1.4m. It reported 36 employees.