Sheridan School Inc

Analysis

Sheridan School Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in April 1963, 63 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Sheridan School Inc reported income of $11.1m and spending of $11.0m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $10.2m to $11.1m (+8.7%), an average of +2.1% a year. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Sheridan School Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 88th percentile within DC. Charities of a similar size with the same main cause include Northern Kentucky Cooperative for E Ducational Services Inc ($11.0m), Bethlehem Christian Academy LLC ($11.1m) and R Street Institute ($11.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 3.7% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $570k (5.2% of expenses). Other salaries and wages came to $5.1m. At year end it held assets of $22.0m against liabilities of $9.6m, net assets of $12.4m. It reported 154 employees.