Sunset Apartments

Analysis

Sunset Apartments is a registered charity in United States, based in Fort Benton, MT. It received its IRS tax-exemption ruling in May 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Sunset Apartments reported income of $60k and spending of $47k, leaving 22% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $60k to $60k (+1.1%), an average of +1.1% a year. Over the whole period it spent 78% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Sunset Apartments sits at the 13th percentile: it is larger than about 13% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 20th percentile within MT. Charities of a similar size with the same main cause include Lorien Homes Inc ($60k), Hope Housing Inc ($60k) and Glynn Paton Residential Corporation ($60k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 99% of the total. At year end it held assets of $352k against liabilities of $7,163, net assets of $344k.