We Share Inc

Analysis

We Share Inc is a registered charity in United States, based in Bloomington, MN. It received its IRS tax-exemption ruling in December 1999, 27 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, We Share Inc reported income of $280k and spending of $280k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $155k to $280k (+81%), an average of +16% a year. The sharpest change came in the year to December 2021, when income rose by 71%. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, We Share Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 59th percentile within MN. Charities of a similar size with the same main cause include Childrens Christmas Party of Jacksonville ($280k), Barrington Giving Day ($280k) and St Dominic Savio Motivational Place DSMP Inc ($280k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $13k against liabilities of $0, net assets of $13k.