Sunnybrook Estates

Analysis

Sunnybrook Estates is a registered charity in United States, based in Madison, MS. It received its IRS tax-exemption ruling in September 1997, 29 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 2021, Sunnybrook Estates reported income of $1.9m and spending of $2.8m, spending 141% of what it took in. Across the 3 years on record, from December 2019 to December 2021, income fell from $2.7m to $1.9m (-27%), an average of -14% a year. The sharpest change came in the year to December 2021, when income dropped by 18%. Over the whole period it spent 116% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Sunnybrook Estates sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within MS. Charities of a similar size with the same main cause include Covenant Recovery Inc ($1.9m), East Lake Community Development Inc ($1.9m) and Housing for Homeless Inc ($1.9m).

On its Form 990 for the period ending December 2021, revenue came from contributions and grants 5.2% and program service revenue 95% of the total. Other salaries and wages came to $516k. At year end it held assets of $4.4m against liabilities of $7.5m, net assets of -$3.1m. It reported 14 employees.

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.