Sheridan Child Development Center Inc

Analysis

Sheridan Child Development Center Inc is a registered charity in United States, based in Lincoln, NE. It received its IRS tax-exemption ruling in February 1995, 31 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, Sheridan Child Development Center Inc reported income of $786k and spending of $785k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $749k to $786k (+5.0%), an average of +1.2% a year. The sharpest change came in the year to December 2021, when income rose by 33%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Sheridan Child Development Center Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 76th percentile within NE. Charities of a similar size with the same main cause include Lutheran Community Services Inc ($786k), Casa for Kids Inc ($786k) and Pacific Islander Health Board of Washington ($786k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.0% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $55k (7.0% of expenses). Other salaries and wages came to $504k. At year end it held assets of $413k against liabilities of $9,570, net assets of $403k. It reported 46 employees.