Sheridan House Inc

Analysis

Sheridan House Inc is a registered charity in United States, based in Davie, FL. It received its IRS tax-exemption ruling in October 1969, 57 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a supporting organisation (type ii) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Sheridan House Inc reported income of $2.2m and spending of $699k, leaving 68% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $991k to $2.2m (+118%), an average of +22% a year. The sharpest change came in the year to December 2023, when income rose by 90%. Over the whole period it spent 46% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Sheridan House Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within FL. Charities of a similar size with the same main cause include Soundview Association ($2.2m), Tumaini International ($2.2m) and Schuylkill Women in Crisis ($2.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% of the total. At year end it held assets of $24.5m against liabilities of $1.4m, net assets of $23.1m.