Sheridan Road Charitable Foundation

Analysis

Sheridan Road Charitable Foundation is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 Road Charitable Foundation reported income of $54k and spending of $59k, spending 110% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $69k to $54k (-21%), an average of -21% a year. The sharpest change came in the year to December 2023, when income dropped by 21%. Over the whole period it spent 96% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Sheridan Road Charitable Foundation sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 23rd percentile within IL. Charities of a similar size with the same main cause include Spencer Wilson Charitable TR ($54k), Perrysburg Exchange Foundation TR ($54k) and Help the Hopeful ($54k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $14k against liabilities of $7,183, net assets of $6,458.