Gifts to Share Inc

Analysis

Gifts to Share Inc is a registered charity in United States, based in Sacramento, CA. It received its IRS tax-exemption ruling in May 1997, 29 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Gifts to Share Inc reported income of $115k and spending of $99k, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $317k to $115k (-64%), an average of -22% a year. The sharpest change came in the year to December 2020, when income dropped by 69%. Over the whole period it spent 116% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Gifts to Share Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 43rd percentile within CA. Charities of a similar size with the same main cause include Woodhaven Band Boosters ($115k), Wipp Education Foundation Inc ($115k) and Good Sheperd Coalition ($115k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% of the total. At year end it held assets of $709k against liabilities of $1,071, net assets of $708k.