Share Institute Inc

Analysis

Share Institute Inc is a registered charity in United States, based in Rye, NY. It received its IRS tax-exemption ruling in February 2021, 5 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 December 2023, Share Institute Inc reported income of $108k and spending of $103k, spending 96% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $367k to $108k (-71%), an average of -46% a year. The sharpest change came in the year to December 2022, when income dropped by 47%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Share Institute Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 38th percentile within NY. Charities of a similar size with the same main cause include Sonoma County Hot Air Balloon Classic Inc ($108k), Saddlebrook Rotary Club Foundation ($108k) and Mini-Cassia Christmas Council Inc ($108k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $9,207 against liabilities of $0, net assets of $9,207.