Sheldon Community Day Care Center Nursery School Inc

Analysis

Sheldon Community Day Care Center Nursery School Inc is a registered charity in United States, based in Sheldon, IA. It received its IRS tax-exemption ruling in October 1975, 51 years ago. 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 December 2022, Sheldon Community Day Care Center Nursery School Inc reported income of $1.3m and spending of $1.3m, spending 104% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $639k to $1.3m (+98%), an average of +26% a year. The sharpest change came in the year to December 2022, when income rose by 54%. Over the whole period it spent 108% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Sheldon Community Day Care Center Nursery School Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 84th percentile within IA. Charities of a similar size with the same main cause include Lone Star Ballet Inc ($1.3m), Urban Mobility Group ($1.3m) and The Open Link Inc ($1.3m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 40% and program service revenue 59% of the total. Compensation of current officers, directors and key employees was $53k (4.0% of expenses). Other salaries and wages came to $630k. At year end it held assets of $1.6m against liabilities of $53k, net assets of $1.5m. It reported 70 employees.