Sunset Woods Association

Analysis

Sunset Woods Association is a registered charity in United States, based in Highland Park, IL. It received its IRS tax-exemption ruling in March 2006, 20 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Sunset Woods Association reported income of $250k and spending of $181k, leaving 28% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $137k to $250k (+82%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 89%. Over the whole period it spent 104% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Sunset Woods Association sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 58th percentile within IL. Charities of a similar size with the same main cause include Benet Place South ($250k), Tekton Residential ($250k) and Prelude Si Corporation ($250k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 42% and program service revenue 57% of the total. At year end it held assets of $1.2m against liabilities of $666k, net assets of $573k.