Shai Fund Inc

Analysis

Shai Fund Inc is a registered charity in United States, based in Murfreesboro, TN. It received its IRS tax-exemption ruling in October 2014, 12 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Shai Fund Inc reported income of $2.7m and spending of $3.2m, spending 117% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $877k to $2.7m (+210%), an average of +33% a year. The sharpest change came in the year to December 2021, when income rose by 564%. Over the whole period it spent 82% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Shai Fund Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within TN. Charities of a similar size with the same main cause include American Friends of Ramat Bet Shemesh Inc ($2.7m), The Anglican Relief and Development Fund ($2.7m) and Inmed Partnerships for Children Inc ($2.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $114k. At year end it held assets of $2.4m against liabilities of $48k, net assets of $2.3m. It reported 1 employees.