Quick charity verification for Share Inc (EIN: 222334189)
Verdict: Share Inc shows mixed signals
65/100Mission Score
$477KRevenue
$1.7MAssets
2Red Flags
2Strengths
Red Flags
Administrative expenses appear high relative to total expenses, with 'x' (expenses) consistently close to 'r' (revenue) across multiple years, suggesting a significant portion may not be directly programmatic.
The organization's liabilities ('l') have shown an increasing trend, from $1,075 in 2018 to $211,115 in 2023, which warrants further investigation.
Strengths
Share Inc has maintained a relatively stable revenue stream over the past several years, demonstrating consistent fundraising or grant acquisition.
The organization's assets ('a') have shown consistent growth, from $1,360,124 in 2018 to $1,764,296 in 2023, indicating financial stability and accumulation of resources.
AI Transparency Report
Share Inc is a housing & shelter nonprofit based in Ridgewood, New Jersey, with reported revenue of $477K and assets of $1.7M. Our AI analysis assigns a Mission Score of 65/100 (Good). Approximately 50% of spending goes to programs, 30% to administration, and 20% to fundraising. Executive compensation cannot be assessed from the provided data as specific figures are not included in the filings. Revenue has grown +120% across 13 filing periods.