Shoval&more NFP

Analysis

Shoval&more NFP is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in July 2016, 10 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 June 2023, Shoval&more NFP reported income of $61k and spending of $56k, spending 91% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $19k to $61k (+220%), an average of +220% a year. The sharpest change came in the year to June 2023, when income rose by 220%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Shoval&more NFP sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 25th percentile within IL. Charities of a similar size with the same main cause include The Hope Center-Brownsville Inc ($61k), Hand in Hand Senior Center ($61k) and Fundacion Bechara Inc ($61k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 2.6% of the total. At year end it held assets of $6,617 against liabilities of $0, net assets of $6,617.