Sunset Park District Management Association Inc

Analysis

Sunset Park District Management Association Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in June 1997, 29 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic 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 June 2023, Sunset Park District Management Association Inc reported income of $450k and spending of $447k, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $495k to $450k (-9.1%), an average of -2.3% a year. The sharpest change came in the year to June 2022, when income rose by 35%. Over the whole period it spent 99% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Sunset Park District Management Association Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 65th percentile within NY. Charities of a similar size with the same main cause include Border Community Alliance Inc ($450k), Renewable Manufacturing Gateway ($450k) and Ripley Main Street Association Inc ($450k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $71k (16% of expenses). Other salaries and wages came to $20k. At year end it held assets of $370k against liabilities of $158k, net assets of $212k. It reported 1 employees.