Smart Share Housing Solutions Inc

Analysis

Smart Share Housing Solutions Inc is a registered charity in United States, based in SN Luis Obisp, CA. It received its IRS tax-exemption ruling in November 2017, 9 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Smart Share Housing Solutions Inc reported income of $205k and spending of $191k, spending 93% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $152k to $205k (+35%), an average of +35% a year. The sharpest change came in the year to December 2023, when income rose by 35%. Over the whole period it spent 92% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Smart Share Housing Solutions Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 57th percentile within CA. Charities of a similar size with the same main cause include Esperanza Group ($205k), Sullivan Homes Inc ($205k) and Washington Lane Section 811 Housing Corporation ($205k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 52% and program service revenue 45% of the total. Other salaries and wages came to $97k. At year end it held assets of $420k against liabilities of $324k, net assets of $97k. It reported 4 employees.