Community Sharing

Analysis

Community Sharing is a registered charity in United States, based in Highland, MI. It received its IRS tax-exemption ruling in June 2005, 21 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, Community Sharing reported income of $588k and spending of $434k, leaving 26% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $426k to $588k (+38%), an average of +8.4% a year. The sharpest change came in the year to December 2021, when income rose by 60%. Over the whole period it spent 55% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Community Sharing sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 73rd percentile within MI. Charities of a similar size with the same main cause include Rancho Brazos Community Centers ($588k), Darul Marifah Foundation ($588k) and Unico National Incorporated ($588k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 76% of the total. Other salaries and wages came to $54k. At year end it held assets of $2.1m against liabilities of $14k, net assets of $2.1m. It reported 2 employees.