Sdsi Housing Corporation Inc

Analysis

Sdsi Housing Corporation Inc is a registered charity in United States, based in Garden City, KS. It received its IRS tax-exemption ruling in August 1984, 42 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, Sdsi Housing Corporation Inc reported income of $650k and spending of $651k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $656k to $650k (-1.0%), an average of -0.3% a year. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Sdsi Housing Corporation Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 75th percentile within KS. Charities of a similar size with the same main cause include Potsdam Sandstone Senior Citizens Club Inc ($650k), Sporting Arkansas Inc ($650k) and National Association of Drug Diversion Investigators Inc ($650k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 99% of the total. At year end it held assets of $1.5m against liabilities of $2.9m, net assets of -$1.4m.

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.