Sutton Irvine Residences Inc

Analysis

Sutton Irvine Residences Inc is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in December 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 June 2023, Sutton Irvine Residences Inc reported income of $161k and spending of $130k, spending 81% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $130k to $161k (+24%), an average of +5.4% a year. Over the whole period it spent 104% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Sutton Irvine Residences Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 51st percentile within CA. Charities of a similar size with the same main cause include Isanti Community Services Inc ($161k), Presbyterian Oaks III Incorporated ($161k) and Friends of Sussex County Inc ($161k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $25k. At year end it held assets of $634k against liabilities of $487k, net assets of $147k. It reported 2 employees.