Care and Share Shop

Analysis

Care and Share Shop is a registered charity in United States, based in Mountain Lake, MN. It received its IRS tax-exemption ruling in January 2008, 18 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Care and Share Shop reported income of $180k and spending of $194k, spending 108% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $151k to $180k (+19%), an average of +9.0% a year. Over the whole period it spent 96% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Care and Share Shop sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 50th percentile within MN. Charities of a similar size with the same main cause include Thien Ton Meditation Center ($180k), Hearts for Heaven Inc ($180k) and Iglesia de Intercesion Encuentro Con Dios ($180k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.0% of the total. Compensation of current officers, directors and key employees was $15k (7.7% of expenses). Other salaries and wages came to $45k. At year end it held assets of $137k against liabilities of $0, net assets of $137k. It reported 7 employees.