The Shine Initiative Inc

Analysis

The Shine Initiative Inc is a registered charity in United States, based in Worcester, MA. It received its IRS tax-exemption ruling in March 2022, 4 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, The Shine Initiative Inc reported income of $407k and spending of $472k, spending 116% of what it took in. The sharpest change came in the year to September 2023, when income rose by 45%. Over the whole period it spent 115% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, The Shine Initiative Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 68th percentile within MA. Charities of a similar size with the same main cause include To Celebrate Life Breast Cancer Foundation ($407k), The Spring Creek Health Care Cooperative Inc ($407k) and Bowling Green Pregnancy Center ($407k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 90% of the total. Compensation of current officers, directors and key employees was $115k (24% of expenses). Other salaries and wages came to $184k. At year end it held assets of $484k against liabilities of $139k, net assets of $345k. It reported 6 employees.