Sharing Notes

Analysis

Sharing Notes is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in March 2015, 11 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2024, Sharing Notes reported income of $104k and spending of $83k, leaving 20% of income unspent that year. Across the 4 years on record, from August 2020 to August 2024, income grew from $39k to $104k (+169%), an average of +39% a year. The sharpest change came in the year to August 2024, when income rose by 79%. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Sharing Notes sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 39th percentile within IL. Charities of a similar size with the same main cause include Washington County Historical Society-Inc ($104k), Operation Encore ($104k) and River Arts Inc ($104k).

On its Form 990-EZ for the period ending August 2024, revenue came from contributions and grants 80% and program service revenue 3.6% of the total. At year end it held assets of $24k against liabilities of $0, net assets of $24k.