Shands Auxiliary Inc

Analysis

Shands Auxiliary Inc is a registered charity in United States, based in Gainesville, FL. It received its IRS tax-exemption ruling in July 2000, 26 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 June 2023, Shands Auxiliary Inc reported income of $52k and spending of $12k, leaving 77% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $135k to $52k (-61%), an average of -21% a year. The sharpest change came in the year to June 2023, when income rose by 79%. Over the whole period it spent 96% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Shands Auxiliary Inc sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 24th percentile within FL. Charities of a similar size with the same main cause include Tuscarawus Valley Band and Choir Boosters ($52k), Irish Society ($52k) and The Colorado Section of the American Chemical Society ($52k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 62% of the total. At year end it held assets of $113k against liabilities of $0, net assets of $113k.