Sheridan Carroll Charitable Works Fund Inc

Analysis

Sheridan Carroll Charitable Works Fund Inc is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in June 1983, 43 years ago. 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 December 2023, Sheridan Carroll Charitable Works Fund Inc reported income of $68k and spending of $75k, spending 111% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $288k to $68k (-77%), an average of -76% a year. The sharpest change came in the year to December 2023, when income dropped by 77%. Over the whole period it spent 35% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Sheridan Carroll Charitable Works Fund Inc sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 28th percentile within IL. Charities of a similar size with the same main cause include Virginia Congress of Parents and Teachers ($68k), Chips for Charity ($68k) and PTA North Carolina Congress ($68k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 78% of the total. At year end it held assets of $318k against liabilities of $0, net assets of $318k.