Sunshine Village Inc

Analysis

Sunshine Village Inc is a registered charity in United States, based in Chicopee, MA. It received its IRS tax-exemption ruling in February 1968, 58 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2024, Sunshine Village Inc reported income of $16.6m and spending of $15.4m, spending 93% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $15.6m to $16.6m (+6.3%), an average of +1.5% a year. The sharpest change came in the year to June 2021, when income dropped by 23%. Over the whole period it spent 85% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Sunshine Village Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 96th percentile within MA. Charities of a similar size with the same main cause include Food Bank of the Albemarle ($16.6m), Saint Anne of Winona ($16.6m) and River Food Pantry ($16.6m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 0.4% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $404k (2.6% of expenses). Other salaries and wages came to $10.4m. At year end it held assets of $26.0m against liabilities of $5.1m, net assets of $20.9m. It reported 341 employees.