Great Shape Inc
Analysis
Great Shape Inc is a registered charity in United States, based in Modesto, CA. It received its IRS tax-exemption ruling in April 1989, 37 years ago. 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, Great Shape Inc reported income of $1.9m and spending of $1.9m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $864k to $1.9m (+123%), an average of +22% a year. The sharpest change came in the year to December 2022, when income rose by 189%. Over the whole period it spent 107% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Great Shape Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within CA. Charities of a similar size with the same main cause include Covenant College Foundation Inc ($1.9m), Valley Leadership Corporation ($1.9m) and Turley Foundation Inc ($1.9m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $178k. At year end it held assets of $540k against liabilities of $526k, net assets of $14k. It reported 3 employees.
Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.
Income and spending
Where the income comes from
- Contributions & grants 99%
- Other 0.6%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Covenant College Foundation Inc | Lookout MTN | $1.9m |
| Valley Leadership Corporation | Phoenix | $1.9m |
| Turley Foundation Inc | Memphis | $1.9m |
| Western North Carolina Lions Inc | Black MTN | $1.9m |