Share & Care House

Analysis

Share & Care House is a registered charity in United States, based in Puyallup, WA. It received its IRS tax-exemption ruling in August 2000, 26 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 & Care House reported income of $12.1m and spending of $11.6m, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $5.5m to $12.1m (+123%), an average of +22% a year. The sharpest change came in the year to December 2021, when income rose by 106%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Share & Care House sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within WA. Charities of a similar size with the same main cause include Plus Group Homes Inc ($12.1m), Boulder Jewish Community Center ($12.1m) and LA Esperanza Clinic Inc ($12.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 82% and program service revenue 14% of the total. Compensation of current officers, directors and key employees was $177k (1.5% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $10.5m against liabilities of $6.3m, net assets of $4.2m. It reported 56 employees.