S H a R E Inc

Analysis

S H a R E Inc is a registered charity in United States, based in Fort Morgan, CO. It received its IRS tax-exemption ruling in January 1982, 44 years ago. 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 December 2023, S H a R E Inc reported income of $528k and spending of $534k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $379k to $528k (+39%), an average of +8.7% a year. The sharpest change came in the year to December 2022, when income rose by 20%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, S H a R E Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 69th percentile within CO. Charities of a similar size with the same main cause include Young of Heart Workshop ($528k), San Dieguito for Drug-Free Youth ($528k) and Rolling Harvest Food Rescue ($528k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $68k (13% of expenses). Other salaries and wages came to $139k. At year end it held assets of $436k against liabilities of $27k, net assets of $409k. It reported 7 employees.