Sherman Heights Community Center Corporation

Analysis

Sherman Heights Community Center Corporation is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in September 1987, 39 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Sherman Heights Community Center Corporation reported income of $496k and spending of $401k, spending 81% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $233k to $496k (+112%), an average of +21% a year. The sharpest change came in the year to June 2021, when income rose by 106%. Over the whole period it spent 79% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Sherman Heights Community Center Corporation sits at the 65th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 72nd percentile within CA. Charities of a similar size with the same main cause include 13th Man ($496k), Valedictorian Project Inc ($496k) and Reese Alan Wilson Center Inc ($496k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 51% and program service revenue 44% of the total. Other salaries and wages came to $174k. At year end it held assets of $1.7m against liabilities of $0, net assets of $1.7m. It reported 4 employees.