Sutton Senior Annex Inc

Analysis

Sutton Senior Annex Inc is a registered charity in United States, based in Clackamas, OR. It received its IRS tax-exemption ruling in July 2003, 23 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 June 2024, Sutton Senior Annex Inc reported income of $61k and spending of $76k, spending 124% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income grew from $48k to $61k (+28%), an average of +5.1% a year. The sharpest change came in the year to June 2021, when income rose by 36%. Over the whole period it spent 136% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Sutton Senior Annex Inc sits at the 14th percentile: it is larger than about 14% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 23rd percentile within OR. Charities of a similar size with the same main cause include Zepf Housing Corporation Four ($61k), Community Concepts Inc ($62k) and Community Services Fourth Housing Corporation ($61k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 100% of the total. Other salaries and wages came to $250. At year end it held assets of $479k against liabilities of $894k, net assets of -$414k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.