Sherlocks Homes Foundation Inc

Analysis

Sherlocks Homes Foundation Inc is a registered charity in United States, based in Las Vegas, NV. It received its IRS tax-exemption ruling in November 2020, 6 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Sherlocks Homes Foundation Inc reported income of $131k and spending of $191k, spending 146% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $333k to $131k (-61%), an average of -61% a year. The sharpest change came in the year to December 2023, when income dropped by 61%. Over the whole period it spent 76% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Sherlocks Homes Foundation Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 47th percentile within NV. Charities of a similar size with the same main cause include Cookson Hills Properties Inc ($131k), Eaton Street Apartments ($131k) and Twin Oaks Apartments Inc ($131k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 48% and program service revenue 52% of the total. At year end it held assets of $1,930 against liabilities of $0, net assets of $1,930.