SHARED INTEREST INC is a Public Charity headquartered in NEW YORK, NY. Financial data from the 2024 filing: $1.0M revenue, $1.3M expenses, $15.0M total assets. 53 publicly reported grants to this organization, totaling roughly $2.7M, appear in IRS filings.
THE ORGANIZATION SEEKS TO PROMOTE SOCIAL RECONSTRUCTION IN SOUTH AFRICA AND NEIGHBORING COUNTRIES BY FACILITATING ACCESS TO CREDIT FOR LOW-INCOME BORROWERS THROUGH THE PROVISION OF LOAN GUARANTEES TO MAINSTREAM BANKS AND OTHER FINANCIAL INSTITUTIONS. AS THESE LENDERS HAVE HISTORICALLY BEEN RELUCTANT TO EXTEND CREDIT TO A SECTOR OF THE POPULATION THEY CONSIDER UN-BANKABLE, THE MAJORITY OF SOUTHERN AFRICAN CITIZENS, ABSENT THE GUARANTEES, WOULD CONTINUE TO BE ECONOMICALLY MARGINALIZED.
Showing up to 5 of 53 total records — full history available with membership.
Officer compensation and complete director data available with membership.
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $1.0M | $1.3M | $15.0M |
| 2023 | $1.2M | $1.3M | $12.8M |
| 2022 | $1.2M | $1.6M | $14.3M |
| 2020 | $1.5M | $1.4M | $15.4M |
| 2019 | $1.6M | $1.9M | $17.3M |
Between 2019 and 2024, reported annual revenue declined from $1.6M to $1.0M (-34%), with total assets most recently reported at $15.0M.
Interactive year-over-year charts and full filing details available with membership.
