Share Your Care Inc

Analysis

Share Your Care Inc is a registered charity in United States, based in Albuquerque, NM. It received its IRS tax-exemption ruling in June 1975, 51 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 June 2024, Share Your Care Inc reported income of $1.9m and spending of $2.0m, spending 104% of its income. Across the 3 years on record, from June 2019 to June 2024, income fell from $2.3m to $1.9m (-19%), an average of -9.8% a year. The sharpest change came in the year to June 2023, when income dropped by 31%. Over the whole period it spent 106% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Share Your Care Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within NM. Charities of a similar size with the same main cause include King Street Center Inc ($1.9m), Mariposa Center for Safety ($1.9m) and Sharp Literacy Inc ($1.9m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 83% and program service revenue 14% of the total. Compensation of current officers, directors and key employees was $91k (4.6% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $551k against liabilities of $122k, net assets of $430k. It reported 55 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.