Shifting Gears USA

Analysis

Shifting Gears USA is a registered charity in United States, based in San Rafael, CA. It received its IRS tax-exemption ruling in July 2020, 6 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Shifting Gears USA reported income of $180k and spending of $150k, spending 83% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $144k to $180k (+25%), an average of +25% a year. The sharpest change came in the year to December 2023, when income rose by 25%. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Shifting Gears USA 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 51st percentile, and in the 54th percentile within CA. Charities of a similar size with the same main cause include River Trail Elementary Parent Teacher Organization ($180k), Ohr Zahava ($180k) and Winchester Road Foundation Inc ($180k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 11% and program service revenue 89% of the total. At year end it held assets of $95k against liabilities of $10k, net assets of $85k.