Salina Shares

Analysis

Salina Shares is a registered charity in United States, based in Salina, KS. It received its IRS tax-exemption ruling in February 2016, 10 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, Salina Shares reported income of $174k and spending of $144k, spending 82% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $109k to $174k (+60%), an average of +60% a year. The sharpest change came in the year to December 2023, when income rose by 60%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Salina Shares sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 49th percentile within KS. Charities of a similar size with the same main cause include Golden Drive Homeless Kids LLC ($174k), Learning Land Inc ($174k) and Vna Community Services Inc ($174k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $180k against liabilities of $987, net assets of $179k.