Shock Society

Analysis

Shock Society is a registered charity in United States, based in Rockville, MD. It received its IRS tax-exemption ruling in April 2020, 6 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Shock Society reported income of $1.2m and spending of $723k, leaving 39% of income unspent that year. Across the 6 years on record, from December 2018 to December 2023, income grew from $774k to $1.2m (+53%), an average of +8.9% a year. The sharpest change came in the year to December 2023, when income rose by 56%. Over the whole period it spent 84% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Shock Society sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 80th percentile within MD. Charities of a similar size with the same main cause include Wholesome Riches ($1.2m), North Country Center for Independence ($1.2m) and Synergy in Action Inc ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.2% and program service revenue 47% of the total. At year end it held assets of $2.3m against liabilities of $2,340, net assets of $2.3m.