Sherman County Community Development Corporation

Analysis

Sherman County Community Development Corporation is a registered charity in United States, based in Goodland, KS. It received its IRS tax-exemption ruling in May 2022, 4 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Sherman County Community Development Corporation reported income of $388k and spending of $304k, leaving 22% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $188k to $388k (+106%), an average of +44% a year. The sharpest change came in the year to December 2022, when income rose by 61%. Over the whole period it spent 76% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Sherman County Community Development Corporation sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 67th percentile within KS. Charities of a similar size with the same main cause include Newton Community Farm Inc ($388k), Spirit of Sharing Inc ($388k) and RTS Missions Inc ($388k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 1.4% of the total. Other salaries and wages came to $106k. At year end it held assets of $214k against liabilities of $1,463, net assets of $213k. It reported 4 employees.