In My Shoes Inc

Analysis

In My Shoes Inc is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in December 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 December 2023, In My Shoes Inc reported income of $1.0m and spending of $777k, leaving 25% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $329k to $1.0m (+216%), an average of +33% a year. The sharpest change came in the year to December 2021, when income rose by 49%. Over the whole period it spent 84% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, In My Shoes Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 84th percentile within TX. Charities of a similar size with the same main cause include Forever Changed International ($1.0m), Community Center of Shawnee ($1.0m) and Owens & Company ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $88k (11% of expenses). At year end it held assets of $544k against liabilities of $11k, net assets of $534k. It reported 19 employees.