Sundial Elderly Housing Inc

Analysis

Sundial Elderly Housing Inc is a registered charity in United States, based in Manchester, NH. It received its IRS tax-exemption ruling in August 1985, 41 years ago. 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 July 2024, Sundial Elderly Housing Inc reported income of $633k and spending of $725k, spending 114% of what it took in. Across the 5 years on record, from July 2020 to July 2024, income grew from $545k to $633k (+16%), an average of +3.8% a year. Over the whole period it spent 115% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Sundial Elderly Housing Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 76th percentile within NH. Charities of a similar size with the same main cause include Servicemember Agricultural Vocation Education Corp ($633k), Meigs Industries ($633k) and Bridgemakers ($633k).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 31% and program service revenue 69% of the total. Other salaries and wages came to $135k. At year end it held assets of $2.0m against liabilities of $4.1m, net assets of -$2.1m.

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.