Sharing and Caring Inc

Analysis

Sharing and Caring Inc is a registered charity in United States, based in Dardanelle, AR. It received its IRS tax-exemption ruling in September 1987, 39 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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 May 2024, Sharing and Caring Inc reported income of $71k and spending of $49k, leaving 31% of income unspent that year. Across the 2 years on record, from May 2023 to May 2024, income grew from $56k to $71k (+26%), an average of +26% a year. The sharpest change came in the year to May 2024, when income rose by 26%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Sharing and Caring Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 26th percentile within AR. Charities of a similar size with the same main cause include Jordan Hackett Foundation ($71k), St Louis County Police Welfare Association ($71k) and Sharefish Inc ($71k).

On its Form 990-EZ for the period ending May 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $69k against liabilities of $0, net assets of $69k.