Santiago Sunrise Village Mobile Home Park Corporation

Analysis

Santiago Sunrise Village Mobile Home Park Corporation is a registered charity in United States, based in Santa Ana, CA. It received its IRS tax-exemption ruling in February 2002, 24 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, Santiago Sunrise Village Mobile Home Park Corporation reported income of $1.2m and spending of $1.4m, spending 111% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $1.1m to $1.2m (+9.1%), an average of +2.2% a year. Over the whole period it spent 121% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Santiago Sunrise Village Mobile Home Park Corporation sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 82nd percentile within CA. Charities of a similar size with the same main cause include Villa Del Norte Apartments Inc ($1.2m), Casa Del Sol Mobile Home Corporation ($1.2m) and Shasta Supportive Housing and Services ($1.2m).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 97% of the total. Other salaries and wages came to $8,668. At year end it held assets of $3.4m against liabilities of $6.5m, net assets of -$3.1m.

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.