Sha Arim Inc

Analysis

Sha Arim Inc is a registered charity in United States, based in Golden Valley, MN. It received its IRS tax-exemption ruling in May 2015, 11 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2023, Sha Arim Inc reported income of $388k and spending of $519k, spending 134% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income fell from $490k to $388k (-21%), an average of -5.7% a year. The sharpest change came in the year to August 2020, when income rose by 42%. Over the whole period it spent 104% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Sha Arim Inc sits at the 65th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 65th percentile within MN. Charities of a similar size with the same main cause include Ivy League Christian Academy ($388k), West River Montessori School ($388k) and Partnership to End AIDS Status Incorporated ($388k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 73% and program service revenue 13% of the total. Other salaries and wages came to $339k. At year end it held assets of $36k against liabilities of $3,759, net assets of $32k. It reported 17 employees.