Sunshine Village Housing Corporation of Slidell Inc

Analysis

Sunshine Village Housing Corporation of Slidell Inc is a registered charity in United States, based in Slidell, LA. It received its IRS tax-exemption ruling in May 1999, 27 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Sunshine Village Housing Corporation of Slidell Inc reported income of $147k and spending of $206k, spending 140% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $167k to $147k (-12%), an average of -4.3% a year. Over the whole period it spent 128% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Sunshine Village Housing Corporation of Slidell Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 45th percentile within LA. Charities of a similar size with the same main cause include St Johns Berchmans Housing Corporation Inc ($147k), Elderly Citizens Housing Opportunities Inc ($147k) and Belford Commons Corporation ($146k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 69% and program service revenue 31% of the total. Other salaries and wages came to $33k. At year end it held assets of $785k against liabilities of $27k, net assets of $758k.

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.