Sharina World Foundation

Analysis

Sharina World Foundation is a registered charity in United States, based in Sheridan, WY. It received its IRS tax-exemption ruling in August 2021, 5 years ago. Its declared purposes cover mental health and crisis intervention, 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, Sharina World Foundation reported income of $203k and spending of $325k, spending 160% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $1.9m to $203k (-89%), an average of -67% a year. The sharpest change came in the year to December 2022, when income dropped by 86%. Over the whole period it spent 56% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Sharina World Foundation 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 54th percentile, and in the 52nd percentile within WY. Charities of a similar size with the same main cause include Voices of Problem Gambling Recovery Inc ($203k), Asian American Psychological Association ($203k) and Solutions Oriented Addiction Response ($203k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 81% and program service revenue 19% of the total. At year end it held assets of $1.0m against liabilities of $0, net assets of $1.0m.