Share-A-Home of Yadkin County Inc

Analysis

Share-A-Home of Yadkin County Inc is a registered charity in United States, based in Boonville, NC. It received its IRS tax-exemption ruling in July 1985, 41 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending October 2023, Share-A-Home of Yadkin County Inc reported income of $249k and spending of $284k, spending 114% of what it took in. Across the 4 years on record, from October 2019 to October 2023, income grew from $218k to $249k (+14%), an average of +4.5% a year. The sharpest change came in the year to October 2023, when income rose by 21%. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Share-A-Home of Yadkin County Inc sits at the 57th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 56th percentile within NC. Charities of a similar size with the same main cause include Together We Thrive ($249k), Lincoln Youth Baseball Organization ($249k) and Greenwich Autism Alliancefoundation Inc ($249k).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 12% and program service revenue 87% of the total. Other salaries and wages came to $185k. At year end it held assets of $186k against liabilities of $2,458, net assets of $183k. It reported 10 employees.