Sheffield Place

Analysis

Sheffield Place is a registered charity in United States, based in Kansas City, MO. It received its IRS tax-exemption ruling in June 1994, 32 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 (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, Sheffield Place reported income of $3.1m and spending of $2.1m, leaving 33% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $3.1m to $3.1m (-1.6%), an average of -0.4% a year. The sharpest change came in the year to December 2020, when income dropped by 38%. Over the whole period it spent 71% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Sheffield Place sits at the 87th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 88th percentile within MO. Charities of a similar size with the same main cause include Community Capital New York Inc ($3.1m), Good News Mission Inc ($3.1m) and Suburban Housing Development and Research Inc ($3.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 1.9% of the total. Compensation of current officers, directors and key employees was $134k (6.5% of expenses). Other salaries and wages came to $912k. At year end it held assets of $5.7m against liabilities of $100k, net assets of $5.6m. It reported 25 employees.