Sunnycrest Village

Analysis

Sunnycrest Village is a registered charity in United States, based in Sioux Falls, SD. It received its IRS tax-exemption ruling in October 1964, 62 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Sunnycrest Village reported income of $3.1m and spending of $2.8m, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.1m to $3.1m (+49%), an average of +10% a year. The sharpest change came in the year to December 2023, when income rose by 25%. Over the whole period it spent 93% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Sunnycrest Village sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 88th percentile within SD. Charities of a similar size with the same main cause include Plymouth Area Coalition for the Homeless ($3.1m), Martindale-Brightwood Community Development Corporation ($3.1m) and Civic Center Barrio Housing Corp ($3.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.4% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $125k (4.5% of expenses). Other salaries and wages came to $422k. At year end it held assets of $19.9m against liabilities of $19.9m, net assets of -$19k. It reported 39 employees.