Share Foundation

Analysis

Share Foundation is a registered charity in United States, based in El Dorado, AR. It received its IRS tax-exemption ruling in November 1971, 55 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Share Foundation reported income of $12.8m and spending of $25.5m, spending 200% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $10.2m to $12.8m (+25%), an average of +5.8% a year. The sharpest change came in the year to December 2023, when income rose by 85%. Over the whole period it spent 116% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Share Foundation sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within AR. Charities of a similar size with the same main cause include V N a Corporation ($12.8m), Yale-New Haven Care Continuum Corporation ($12.8m) and Congress of Neurological Surgeons Inc University of Michigan ($12.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 14% and program service revenue 14% of the total. Compensation of current officers, directors and key employees was $520k (2.0% of expenses). Other salaries and wages came to $2.6m. At year end it held assets of $62.8m against liabilities of $754k, net assets of $62.0m. It reported 133 employees.