Roam Share

Analysis

Roam Share is a registered charity in United States, based in Omaha, NE. It received its IRS tax-exemption ruling in July 2016, 10 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, Roam Share reported income of $1.5m and spending of $1.7m, spending 110% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.0m to $1.5m (+49%), an average of +10% a year. The sharpest change came in the year to December 2021, when income rose by 48%. Over the whole period it spent 85% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Roam Share sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 83rd percentile within NE. Charities of a similar size with the same main cause include Hillel the Foundation for Jewish Campus Life ($1.5m), Spring Grove Heritage Foundation ($1.5m) and Oneida Health Roswell Park Oncology LLC ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 55% and program service revenue 44% of the total. Compensation of current officers, directors and key employees was $140k (8.3% of expenses). Other salaries and wages came to $472k. At year end it held assets of $1.4m against liabilities of $40k, net assets of $1.4m. It reported 17 employees.