Sunshine Daycare Center Inc

Analysis

Sunshine Daycare Center Inc is a registered charity in United States, based in Manchester, CT. It received its IRS tax-exemption ruling in September 1984, 42 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Sunshine Daycare Center Inc reported income of $241k and spending of $270k, spending 112% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $206k to $241k (+17%), an average of +4.0% a year. The sharpest change came in the year to June 2022, when income rose by 43%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Sunshine Daycare Center Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 55th percentile within CT. Charities of a similar size with the same main cause include Rutherford Cooperative Day Nursery ($241k), Southern Colorado Educational Television Consortium ($241k) and Alltrust Payee Corporation Inc ($241k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 98% of the total. Compensation of current officers, directors and key employees was $51k (19% of expenses). Other salaries and wages came to $171k. At year end it held assets of $240k against liabilities of $13k, net assets of $227k. It reported 12 employees.