Share a Homes of the Virginia Peninsula

Analysis

Share a Homes of the Virginia Peninsula is a registered charity in United States, based in Hampton, VA. It received its IRS tax-exemption ruling in October 1982, 44 years ago. 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 2023, Share a Homes of the Virginia Peninsula reported income of $229k and spending of $195k, spending 85% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $225k to $229k (+1.7%), an average of +0.6% a year. Over the whole period it spent 83% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Share a Homes of the Virginia Peninsula sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 56th percentile within VA. Charities of a similar size with the same main cause include PTA California Congress of Parents Teachers & Students Inc ($229k), Hutchins Street Square Foundation ($229k) and Fort Worth Teen Challenge Inc ($229k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 8.5% and program service revenue 91% of the total. At year end it held assets of $2.5m against liabilities of $968k, net assets of $1.5m.