Share Our Selves Corporation

Analysis

Share Our Selves Corporation is a registered charity in United States, based in Newport Beach, CA. It received its IRS tax-exemption ruling in May 1978, 48 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 June 2023, Share Our Selves Corporation reported income of $23.4m and spending of $23.2m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $17.6m to $23.4m (+33%), an average of +7.4% a year. The sharpest change came in the year to June 2021, when income rose by 15%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Share Our Selves Corporation sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within CA. Charities of a similar size with the same main cause include Compass Family Services ($23.4m), Hope Enterprises Inc ($23.4m) and Elm Terrace Gardens ($23.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 50% and program service revenue 49% of the total. Compensation of current officers, directors and key employees was $1.3m (5.4% of expenses). Other salaries and wages came to $10.3m. At year end it held assets of $18.0m against liabilities of $6.2m, net assets of $11.8m. It reported 209 employees.