Sheppard Pratt Investment Inc

Analysis

Sheppard Pratt Investment Inc is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in May 1985, 41 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Sheppard Pratt Investment Inc reported income of $1.4m and spending of $753k, leaving 45% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.1m to $1.4m (+22%), an average of +5.0% a year. The sharpest change came in the year to June 2021, when income rose by 1402%. Over the whole period it spent 7.4% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Sheppard Pratt Investment Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 82nd percentile within MD. Charities of a similar size with the same main cause include Urban Guild Inc ($1.4m), Washington Nonprofits ($1.4m) and Greater Beaufort-Port Royal Convention and Visitors Bureau ($1.4m).

At year end it held assets of $148.4m against liabilities of $296k, net assets of $148.1m.