Shine Together Inc

Analysis

Shine Together Inc is a registered charity in United States, based in Milpitas, CA. It received its IRS tax-exemption ruling in August 2011, 15 years ago. Its declared purposes cover youth development, which this site groups under children and youth 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 June 2023, Shine Together Inc reported income of $1.9m and spending of $2.4m, spending 124% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $2.7m to $1.9m (-29%), an average of -8.3% a year. The sharpest change came in the year to June 2022, when income dropped by 24%. Over the whole period it spent 100% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Shine Together Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within CA. Charities of a similar size with the same main cause include Boys and Girls Clubs of North Central North Carolina ($1.9m), Boy Scouts of America ($1.9m) and Boys and Girls Club of the Bemidji Area ($1.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 101% of the total. Compensation of current officers, directors and key employees was $196k (8.3% of expenses). Other salaries and wages came to $935k. At year end it held assets of $1.5m against liabilities of $232k, net assets of $1.2m. It reported 23 employees.