Charles N Sharpe Jr Foundation

Analysis

Charles N Sharpe Jr Foundation is a registered charity in United States, based in Smithville, MO. It received its IRS tax-exemption ruling in September 2021, 5 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a supporting organisation (type ii) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Charles N Sharpe Jr Foundation reported income of $39.5m and spending of $1.9m, leaving 95% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $5.7m to $39.5m (+588%), an average of +90% a year. The sharpest change came in the year to December 2021, when income rose by 3964%. Over the whole period it spent 1.1% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Charles N Sharpe Jr Foundation sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 97th percentile within MO. Charities of a similar size with the same main cause include Board of Jewish Education Inc ($39.5m), Kentucky Refugee Ministries Inc ($40.3m) and One for Israel ($38.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 72% of the total. At year end it held assets of $359.9m against liabilities of $163k, net assets of $359.7m.