The Shearim USA Charitable Trust

Analysis

The Shearim USA Charitable Trust is a registered charity in United States, based in Bala Cynwyd, PA. It received its IRS tax-exemption ruling in October 1994, 32 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general 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, The Shearim USA Charitable Trust reported income of $497k and spending of $389k, leaving 22% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $424k to $497k (+17%), an average of +4.0% a year. The sharpest change came in the year to December 2023, when income rose by 51%. Over the whole period it spent 87% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, The Shearim USA Charitable Trust sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 68th percentile within PA. Charities of a similar size with the same main cause include Gifts to Give Inc ($497k), The Salopek Foundation ($497k) and Community Foundation of Switzerland County Inc ($497k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $818k against liabilities of $0, net assets of $818k.