Education for Sharing Inc

Analysis

Education for Sharing Inc is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in February 2014, 12 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 December 2023, Education for Sharing Inc reported income of $163k and spending of $103k, leaving 37% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $159k to $163k (+2.4%), an average of +2.4% a year. Over the whole period it spent 48% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Education for Sharing Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 51st percentile within CA. Charities of a similar size with the same main cause include Love & Love Tennis Foundation Inc ($163k), Girl Scouts Council 194 Foundation ($163k) and Future Youth Records Incorporated ($163k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 7.2% of the total. At year end it held assets of $184k against liabilities of $131k, net assets of $53k.