Share Science Inc

Analysis

Share Science Inc is a registered charity in United States, based in Orlando, FL. It received its IRS tax-exemption ruling in August 2021, 5 years ago. Its declared purposes cover science and technology, which this site groups under arts, culture, heritage and science. 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, Share Science Inc reported income of $71k and spending of $22k, leaving 69% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $500k to $71k (-86%), an average of -62% a year. The sharpest change came in the year to December 2022, when income dropped by 89%. Over the whole period it spent 5.8% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Share Science Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 31st percentile within FL. Charities of a similar size with the same main cause include Historic Morgantown Post Office Building Inc ($71k), Arts Davidson County Inc ($71k) and Springfield Old Capitol Art Fair ($71k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 95% of the total. At year end it held assets of $402k against liabilities of $0, net assets of $402k.