Same Inc

Analysis

Same Inc is a registered charity in United States, based in Harbor SPGS, MI. It received its IRS tax-exemption ruling in August 2007, 19 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 December 2023, Same Inc reported income of $72k and spending of $149k, spending 207% of what it took in. Across the 3 years on record, from December 2019 to December 2023, income fell from $206k to $72k (-65%), an average of -41% a year. The sharpest change came in the year to December 2023, when income dropped by 76%. Over the whole period it spent 82% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Same Inc sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 28th percentile within MI. Charities of a similar size with the same main cause include Mary and Eliza Freeman Center for History and Community Inc ($72k), Womens Tech Forum Inc ($72k) and HJ New Way New Day Recovery Inc ($72k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $115k against liabilities of $0, net assets of $115k.