Sheldon Christian Retirement Home Inc

Analysis

Sheldon Christian Retirement Home Inc is a registered charity in United States, based in Sheldon, IA. It received its IRS tax-exemption ruling in April 1976, 50 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Sheldon Christian Retirement Home Inc reported income of $1.1m and spending of $1.1m, spending 100% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $973k to $1.1m (+17%), an average of +3.9% a year. Over the whole period it spent 108% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Sheldon Christian Retirement Home Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 83rd percentile within IA. Charities of a similar size with the same main cause include St Dominic Health Services Foundation Inc ($1.1m), Women in Need Recovery ($1.1m) and Ames Ecumenical Housing Inc ($1.1m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 3.4% and program service revenue 95% of the total. Other salaries and wages came to $436k. At year end it held assets of $1.9m against liabilities of $62k, net assets of $1.8m. It reported 41 employees.