Sheepscot Valley Childrens House

Analysis

Sheepscot Valley Childrens House is a registered charity in United States, based in Wiscasset, ME. It received its IRS tax-exemption ruling in August 1985, 41 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Sheepscot Valley Childrens House reported income of $453k and spending of $489k, spending 108% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $264k to $453k (+72%), an average of +14% a year. The sharpest change came in the year to June 2022, when income rose by 51%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Sheepscot Valley Childrens House sits at the 67th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 64th percentile within ME. Charities of a similar size with the same main cause include Christian School Management Association ($453k), Panhellenic Scholarship Foundation ($453k) and Kidz Luv Early Learning Ministry Inc ($453k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 18% and program service revenue 82% of the total. Compensation of current officers, directors and key employees was $50k (10% of expenses). Other salaries and wages came to $329k. At year end it held assets of $237k against liabilities of $41k, net assets of $196k. It reported 21 employees.