Sharon Studer Inc

Analysis

Sharon Studer Inc is a registered charity in United States, based in Uvalde, TX. It received its IRS tax-exemption ruling in March 1984, 42 years ago. Its declared purposes cover human services, 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 November 2023, Sharon Studer Inc reported income of $399k and spending of $537k, spending 135% of what it took in. Across the 5 years on record, from November 2019 to November 2023, income grew from $317k to $399k (+26%), an average of +5.9% a year. The sharpest change came in the year to November 2022, when income rose by 108%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Sharon Studer Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 71st percentile within TX. Charities of a similar size with the same main cause include Givejoy Foundation ($399k), Starfish Orphan Ministry Inc ($399k) and Et Cetera Shop NFP ($399k).

On its Form 990 for the period ending November 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $57k (11% of expenses). Other salaries and wages came to $247k. At year end it held assets of $409k against liabilities of $36k, net assets of $372k. It reported 17 employees.