Share Trust Inc

Analysis

Share Trust Inc is a registered charity in United States, based in Newton, MA. It received its IRS tax-exemption ruling in July 2020, 6 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 December 2023, Share Trust Inc reported income of $1.6m and spending of $2.3m, spending 151% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $455k to $1.6m (+241%), an average of +50% a year. The sharpest change came in the year to December 2021, when income rose by 153%. Over the whole period it spent 86% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Share Trust Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 83rd percentile within MA. Charities of a similar size with the same main cause include Center for Arms Control and Non-Proliferation ($1.6m), Healthy Communities of the Capital ($1.6m) and Working Bikes ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% and program service revenue 14% of the total. Compensation of current officers, directors and key employees was $250k (11% of expenses). Other salaries and wages came to $332k. At year end it held assets of $2.2m against liabilities of $94k, net assets of $2.1m. It reported 4 employees.