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Shred Foundation

Beacon, New York · EIN 47-1612775 · Youth Development · tax-exempt since 2014

B

Charity Clarity grade B (score 73.9 of 100), based on the Form 990 for the year ended July 2023.

Graded against 20,283 youth development nonprofits with revenue $100K–$500K filing the same form. A = top 10%, B = next 20%, C = middle 40%, D = next 20%, F = bottom 10%.

What goes into the grade

MeasureThis charityScore (0–100)
ReservesMonths of spending covered by unrestricted net assets.3.1 months100
GovernanceBoard independence, key policies and audit, per the 990.56% of practices56
Margin stabilityHow steady the surplus or deficit is year to year.72
Revenue spreadHow much revenue rests on one type of income.77% from one source50
Filing recordOn-time, complete filings, year after year.100%100

Scores compare this charity with its peer group; 100 is best. How Charity Clarity rates charities.

Year by year

202120222023grey: revenue · green: spending
Year endedFormRevenueSpendingSurplusNet assetsMonths of spendingStaffGrade
Jul 2023Form 990$122K$109K$13K$28K3.11B
Jul 2022Form 990$205K$192K$12K$12K0.81C
Jul 2021Form 990-EZ$101K$88K$13K$16K2.1C

From the organisation’s own IRS filings. “Months of spending” is total net assets divided by a month of that year’s spending. A blank grade means that year was not rated.

Read the filings

Every figure here comes from the returns this charity filed with the IRS. These sites show the full returns and more about the organisation:

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