Sharing Place Inc
EIN: 631245642 · Birmingham, AL · NTEE: F32
| Metric | Value |
|---|---|
| Total Revenue | $194K |
| Total Expenses | $105K |
| Net Assets | $148K |
Is Sharing Place Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Sharing Place Inc
Sharing Place Inc (EIN: 631245642) is a nonprofit organization based in Birmingham, AL, classified under NTEE code F32. The organization reported total revenue of $194K and total assets of $174K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sharing Place Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Sharing Place Inc is a small nonprofit that has been operating for 26 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -1.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $66K |
| Total Expenses | $105K |
| Surplus / Deficit | $-39,106 |
| Total Assets | $148K |
| Net Assets | $148K |
| Operating Margin | -59.1% |
| Months of Reserves | 16.9 months |
Financial Health Grade: B
In 2023, Sharing Place Inc reported a deficit of $39K with expenses exceeding revenue, holds 16.9 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Sharing Place Inc's revenue has declined at a compound annual growth rate (CAGR) of -1.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -11.9% | +39.7% | -20.9% |
| 2022 | +21.6% | +40.8% | -0.1% |
| 2021 | -13.7% | -6.0% | +4.6% |
| 2020 | -5.8% | -20.1% | +8.9% |
| 2019 | +12.8% | +0.2% | +3.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2000 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Sharing Place Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Sharing Place Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $39K, with expenses exceeding revenue.
Frequently Asked Questions about Sharing Place Inc
Is Sharing Place Inc a legitimate charity?
Sharing Place Inc (EIN: 631245642) is a registered tax-exempt nonprofit based in Alabama. It has 13 years of IRS 990 filings on record. Total revenue: $194K. No red flags identified. Financial health grade: B.
How does Sharing Place Inc spend its money?
Sharing Place Inc reported $194K in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Sharing Place Inc tax-deductible?
Sharing Place Inc is registered as a tax-exempt nonprofit (EIN: 631245642). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Sharing Place Inc located?
Sharing Place Inc is headquartered in Birmingham, Alabama and files with the IRS under EIN 631245642. It is classified under NTEE code F32.
How many years of IRS 990 filings does Sharing Place Inc have?
Sharing Place Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $194K in total revenue.
Filing History
IRS 990 filing history for Sharing Place Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Sharing Place Inc's revenue has declined by 18.2%, moving from $81K to $66K. Total assets increased by 9.9% over the same period, from $135K to $148K. Total functional expenses rose by 17.7%, from $89K to $105K. In its most recent filing year (2023), Sharing Place Inc reported a deficit of $39K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $66K | $105K | $148K | $0 | — | View 990 |
| 2022 | $75K | $75K | $187K | $0 | — | View 990 |
| 2021 | $62K | $54K | $188K | $0 | — | — |
| 2020 | $72K | $57K | $179K | $0 | — | — |
| 2019 | $76K | $71K | $165K | $0 | — | View 990 |
| 2018 | $67K | $71K | $160K | $0 | — | View 990 |
| 2017 | $72K | $69K | $163K | $0 | — | View 990 |
| 2016 | $81K | $64K | $160K | $0 | — | View 990 |
| 2015 | $70K | $75K | $143K | $0 | — | View 990 |
| 2014 | $90K | $85K | $148K | $0 | — | View 990 |
| 2013 | $71K | $65K | $142K | $0 | — | View 990 |
| 2012 | $74K | $72K | $136K | $0 | — | View 990 |
| 2011 | $81K | $89K | $135K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $66K, expenses of $105K, and assets of $148K (revenue -11.9% year-over-year).
- 2022: Revenue of $75K, expenses of $75K, and assets of $187K (revenue +21.6% year-over-year).
- 2021: Revenue of $62K, expenses of $54K, and assets of $188K (revenue -13.7% year-over-year).
- 2020: Revenue of $72K, expenses of $57K, and assets of $179K (revenue -5.8% year-over-year).
- 2019: Revenue of $76K, expenses of $71K, and assets of $165K (revenue +12.8% year-over-year).
- 2018: Revenue of $67K, expenses of $71K, and assets of $160K (revenue -6.5% year-over-year).
- 2017: Revenue of $72K, expenses of $69K, and assets of $163K (revenue -11.0% year-over-year).
- 2016: Revenue of $81K, expenses of $64K, and assets of $160K (revenue +16.3% year-over-year).
- 2015: Revenue of $70K, expenses of $75K, and assets of $143K (revenue -23.0% year-over-year).
- 2014: Revenue of $90K, expenses of $85K, and assets of $148K (revenue +27.2% year-over-year).
- 2013: Revenue of $71K, expenses of $65K, and assets of $142K (revenue -3.5% year-over-year).
- 2012: Revenue of $74K, expenses of $72K, and assets of $136K (revenue -8.9% year-over-year).
- 2011: Revenue of $81K, expenses of $89K, and assets of $135K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Sharing Place Inc:
Data Sources and Methodology
This transparency report for Sharing Place Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.