Sheffield Care Center

Analysis

Sheffield Care Center is a registered charity in United States, based in Sheffield, IA. It received its IRS tax-exemption ruling in November 1977, 49 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Sheffield Care Center reported income of $3.9m and spending of $3.6m, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.1m to $3.9m (+26%), an average of +6.0% a year. The sharpest change came in the year to December 2020, when income rose by 28%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Sheffield Care Center sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within IA. Charities of a similar size with the same main cause include Young Mens Christian Association ($3.9m), Exceptional Enterprises Inc ($3.9m) and Mind and Life Institute ($3.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.1% and program service revenue 100% of the total. Compensation of current officers, directors and key employees was $84k (2.3% of expenses). Other salaries and wages came to $1.8m. At year end it held assets of $2.8m against liabilities of $1.4m, net assets of $1.3m. It reported 84 employees.