Sheridan Kids Life

Analysis

Sheridan Kids Life is a registered charity in United States, based in Sheridan, WY. It received its IRS tax-exemption ruling in May 2017, 9 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 Kids Life reported income of $275k and spending of $483k, spending 175% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $511k to $275k (-46%), an average of -14% a year. The sharpest change came in the year to December 2022, when income dropped by 72%. Over the whole period it spent 91% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Sheridan Kids Life sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 59th percentile within WY. Charities of a similar size with the same main cause include Partners Uplifting Our Daughters ($275k), Generation Life ($275k) and The Folk School ($275k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 56% of the total. Other salaries and wages came to $83k. At year end it held assets of $5.6m against liabilities of $957k, net assets of $4.7m. It reported 8 employees.