Shanerock - Always Believe Inc

Analysis

Shanerock - Always Believe Inc is a registered charity in United States, based in Fairview Park, OH. It received its IRS tax-exemption ruling in April 2017, 9 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Shanerock - Always Believe Inc reported income of $209k and spending of $226k, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $248k to $209k (-16%), an average of -4.2% a year. The sharpest change came in the year to December 2020, when income dropped by 16%. Over the whole period it spent 72% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Shanerock - Always Believe Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 55th percentile within OH. Charities of a similar size with the same main cause include Zing Life Services Inc ($209k), Map Educational Fund ($209k) and Friendship Place Inc ($208k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 86% and program service revenue 5.2% of the total. At year end it held assets of $488k against liabilities of $1,834, net assets of $486k.