Shane Gives Thanks Inc

Analysis

Shane Gives Thanks Inc is a registered charity in United States, based in Carver, MA. It received its IRS tax-exemption ruling in July 2016, 10 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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, Shane Gives Thanks Inc reported income of $57k and spending of $35k, leaving 39% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $66k to $57k (-13%), an average of -13% a year. Over the whole period it spent 51% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Shane Gives Thanks Inc sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 31st percentile within MA. Charities of a similar size with the same main cause include Light Center ($57k), Houma Rotary Club Foundation Inc ($57k) and Fisher House of Columbia SC Inc ($57k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $178k against liabilities of $0, net assets of $178k.