Sun Chdo

Analysis

Sun Chdo is a registered charity in United States, based in Carencro, LA. It received its IRS tax-exemption ruling in December 2019, 7 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 2022, Sun Chdo reported income of $234k and spending of $230k, spending 98% of its income. Across the 2 years on record, from December 2021 to December 2022, income grew from $203k to $234k (+15%), an average of +15% a year. The sharpest change came in the year to December 2022, when income rose by 15%. Over the whole period it spent 72% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Sun Chdo sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 56th percentile within LA. Charities of a similar size with the same main cause include Corpus Christi Supportive Housing Inc ($234k), Wisconsin Cove Inc ($234k) and Horseshoe Bay Farms Inc ($234k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 92% and program service revenue 7.9% of the total. Other salaries and wages came to $108k. It paid $1,655 in professional fundraising fees. At year end it held assets of $226k against liabilities of $140k, net assets of $86k. It reported 5 employees.