Shepherdstown Shares

Analysis

Shepherdstown Shares is a registered charity in United States, based in Shepherdstown, WV. It received its IRS tax-exemption ruling in June 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Shepherdstown Shares reported income of $76k and spending of $85k, spending 112% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $98k to $76k (-22%), an average of -12% a year. The sharpest change came in the year to December 2022, when income dropped by 16%. Over the whole period it spent 92% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Shepherdstown Shares sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 27th percentile within WV. Charities of a similar size with the same main cause include Heights Club ($76k), Rocky Coast Housing Inc ($76k) and Wings Programs Inc ($76k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $53k against liabilities of $0, net assets of $53k.