Share Equity

Analysis

Share Equity is a registered charity in United States, based in Saratoga, CA. It received its IRS tax-exemption ruling in May 2020, 6 years ago. Its declared purposes cover health care, 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, Share Equity reported income of $5.7m and spending of $2.4m, leaving 58% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $1.1m to $5.7m (+417%), an average of +417% a year. The sharpest change came in the year to December 2023, when income rose by 417%. Over the whole period it spent 41% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Share Equity sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within CA. Charities of a similar size with the same main cause include St Lukes Physician Network Inc ($5.7m), Aoac International ($5.7m) and Richmond Institute for Veterans Research ($5.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $216k (9.1% of expenses). Other salaries and wages came to $129k. At year end it held assets of $4.3m against liabilities of $129k, net assets of $4.2m. It reported 6 employees.