Shade Institute

Analysis

Shade Institute is a registered charity in United States, based in Honolulu, HI. It received its IRS tax-exemption ruling in March 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, Shade Institute reported income of $79k and spending of $68k, spending 85% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $214k to $79k (-63%), an average of -39% a year. The sharpest change came in the year to December 2023, when income dropped by 52%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Shade Institute sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 30th percentile within HI. Charities of a similar size with the same main cause include Road Runners Club of America ($79k), Library Foundation of Newberg ($79k) and PTA California Congress of PTA - Palos Verdes Peninsula Council ($79k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 9.5% and program service revenue 91% of the total. At year end it held assets of $29k against liabilities of $0, net assets of $29k.