Shift Garage

Analysis

Shift Garage is a registered charity in United States, based in Sioux Falls, SD. It received its IRS tax-exemption ruling in March 2022, 4 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Shift Garage reported income of $410k and spending of $392k, spending 96% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $199k to $410k (+106%), an average of +44% a year. The sharpest change came in the year to December 2023, when income rose by 51%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Shift Garage sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 66th percentile within SD. Charities of a similar size with the same main cause include Northwest Youth Power Elc Site 3 Inc ($410k), Parker Academy Child Care and Learning Center Inc ($410k) and Partners in Community Development ($410k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $76k (20% of expenses). Other salaries and wages came to $128k. At year end it held assets of $56k against liabilities of $6,374, net assets of $49k. It reported 10 employees.