Taylor Sunset Housing Development

Analysis

Taylor Sunset Housing Development is a registered charity in United States, based in Taylor, TX. It received its IRS tax-exemption ruling in June 2016, 10 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 September 2023, Taylor Sunset Housing Development reported income of $587k and spending of $544k, spending 93% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $554k to $587k (+5.8%), an average of +1.4% a year. Over the whole period it spent 92% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Taylor Sunset Housing Development sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 77th percentile within TX. Charities of a similar size with the same main cause include Agape Houston House Inc ($587k), 1106 College Avenue H D F C ($587k) and Neighborhood Housing Services of Beloit Inc ($586k).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $35k (6.5% of expenses). Other salaries and wages came to $193k. At year end it held assets of $1.7m against liabilities of $21k, net assets of $1.7m.