Sunset Home Inc

Analysis

Sunset Home Inc is a registered charity in United States, based in Concordia, KS. It received its IRS tax-exemption ruling in April 1955, 71 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Sunset Home Inc reported income of $5.1m and spending of $5.1m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.1m to $5.1m (+67%), an average of +14% a year. The sharpest change came in the year to December 2020, when income rose by 27%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Sunset Home Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within KS. Charities of a similar size with the same main cause include Finger Lakes Independence Center ($5.1m), Winter Growth Inc ($5.1m) and Kingman County Retirement Home Association ($5.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.2% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $162k (3.2% of expenses). Other salaries and wages came to $2.1m. At year end it held assets of $4.4m against liabilities of $615k, net assets of $3.8m. It reported 107 employees.