Sheridan Hill House Corporation

Analysis

Sheridan Hill House Corporation is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in October 1997, 29 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Sheridan Hill House Corporation reported income of $495k and spending of $735k, spending 148% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $242k to $495k (+105%), an average of +20% a year. The sharpest change came in the year to June 2022, when income rose by 1519%. Over the whole period it spent 49% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Sheridan Hill House Corporation sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 66th percentile within NY. Charities of a similar size with the same main cause include Dedicated to Auroras Wellness and Need ($495k), Central Texas Trauma Council ($495k) and Association for the Visually Impair Ed Inc ($495k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 84% and program service revenue 16% of the total. At year end it held assets of $4.9m against liabilities of $219k, net assets of $4.7m.