Denver Sunset Home

Analysis

Denver Sunset Home is a registered charity in United States, based in Denver, IA. It received its IRS tax-exemption ruling in October 1984, 42 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Denver Sunset Home reported income of $2.9m and spending of $2.8m, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.2m to $2.9m (+32%), an average of +7.2% a year. The sharpest change came in the year to December 2020, when income rose by 45%. Over the whole period it spent 90% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Denver Sunset Home 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 89th percentile, and in the 90th percentile within IA. Charities of a similar size with the same main cause include Health Coalition of Passaic County Inc ($2.9m), Adeline E Prouty Estate Greenfield ($2.9m) and Cape Assist Inc ($2.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 6.3% and program service revenue 92% of the total. Other salaries and wages came to $1.2m. At year end it held assets of $2.9m against liabilities of $183k, net assets of $2.7m. It reported 53 employees.