The Shire Inc

Analysis

The Shire Inc is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in May 2004, 22 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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 June 2023, The Shire Inc reported income of $87k and spending of $131k, spending 151% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $91k to $87k (-4.7%), an average of -1.6% a year. Over the whole period it spent 142% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, The Shire Inc sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 35th percentile within MD. Charities of a similar size with the same main cause include Cancare Foundation ($87k), 3000 Miles to a Cure Co ($87k) and Mississippians for Emergency Medical Services ($87k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $25k. At year end it held assets of $698k against liabilities of $1.2m, net assets of -$517k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.