Shore Shim Inc

Analysis

Shore Shim Inc is a registered charity in United States, based in Reston, VA. It received its IRS tax-exemption ruling in September 1998, 28 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 June 2024, Shore Shim Inc reported income of $324k and spending of $327k, spending 101% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $213k to $324k (+52%), an average of +11% a year. The sharpest change came in the year to June 2021, when income rose by 64%. Over the whole period it spent 100% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Shore Shim Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 62nd percentile within VA. Charities of a similar size with the same main cause include The Agora Group Inc ($324k), At Stake Ministries Inc ($324k) and MLJ Trust ($324k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $108k against liabilities of $0, net assets of $108k.