Sublime Adult Residential Services Inc

Analysis

Sublime Adult Residential Services Inc is a registered charity in United States, based in Modesto, CA. It received its IRS tax-exemption ruling in March 2007, 19 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 December 2023, Sublime Adult Residential Services Inc reported income of $319k and spending of $238k, leaving 25% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $304k to $319k (+4.9%), an average of +2.4% a year. The sharpest change came in the year to December 2023, when income rose by 16%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Sublime Adult Residential Services Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 65th percentile within CA. Charities of a similar size with the same main cause include Care for Kids Inc ($319k), Canal Winchester Human Services Corporation ($319k) and Kids Plus Inc ($319k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $134k. At year end it held assets of $301k against liabilities of $0, net assets of $301k.