Sheridan Foster Parent Exchange

Analysis

Sheridan Foster Parent Exchange is a registered charity in United States, based in Sheridan, WY. It received its IRS tax-exemption ruling in December 1991, 35 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 Foster Parent Exchange reported income of $267k and spending of $255k, spending 95% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $118k to $267k (+126%), an average of +31% a year. The sharpest change came in the year to December 2022, when income rose by 98%. Over the whole period it spent 83% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Sheridan Foster Parent Exchange sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 58th percentile within WY. Charities of a similar size with the same main cause include Hikmah Education Center ($267k), Altruisity Foundation Inc ($267k) and McMillians First Steps Child Care ($267k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $38k (15% of expenses). Other salaries and wages came to $20k. It paid $2,413 in professional fundraising fees. At year end it held assets of $274k against liabilities of $52k, net assets of $222k.