Son-Shine Corner Inc

Analysis

Son-Shine Corner Inc is a registered charity in United States, based in Plymouth, MN. It received its IRS tax-exemption ruling in October 2006, 20 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Son-Shine Corner Inc reported income of $183k and spending of $179k, spending 97% of its income. Across the 3 years on record, from June 2021 to June 2023, income fell from $247k to $183k (-26%), an average of -14% a year. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Son-Shine Corner Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 50th percentile within MN. Charities of a similar size with the same main cause include Randolph County Fair Corporation ($183k), Crosswalk Community Outreach ($183k) and Bowling Green Welfare Center ($183k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.6% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $42k (24% of expenses). At year end it held assets of $253k against liabilities of $30k, net assets of $223k. It reported 10 employees.