Team Sharing Inc

Analysis

Team Sharing Inc is a registered charity in United States, based in Marlborough, MA. It received its IRS tax-exemption ruling in December 2017, 9 years ago. Its declared purposes cover human services, 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, Team Sharing Inc reported income of $109k and spending of $98k, spending 89% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $92k to $109k (+19%), an average of +19% a year. The sharpest change came in the year to December 2023, when income rose by 19%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Team Sharing Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 46th percentile within MA. Charities of a similar size with the same main cause include Holly Ridge Apartments Inc ($109k), Compass Pregnancy Center Inc ($109k) and Ridgewood Educational After School Care Hours - Reach ($109k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 104% of the total. At year end it held assets of $105k against liabilities of $0, net assets of $105k.