Share Homes Inc

Analysis

Share Homes Inc is a registered charity in United States, based in Lodi, CA. It received its IRS tax-exemption ruling in August 1987, 39 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, Share Homes Inc reported income of $1.2m and spending of $1.1m, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $891k to $1.2m (+37%), an average of +8.2% a year. The sharpest change came in the year to December 2022, when income rose by 32%. 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 Homes Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 82nd percentile within CA. Charities of a similar size with the same main cause include Hope Center at Pullen Inc ($1.2m), Douglas County Developmental Achievement Center ($1.2m) and Childrens Hope Group Home ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $184k (17% of expenses). Other salaries and wages came to $103k. At year end it held assets of $631k against liabilities of $194k, net assets of $437k. It reported 12 employees.