Sunshine Place Inc

Analysis

Sunshine Place Inc is a registered charity in United States, based in Sun Prairie, WI. 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 (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 2023, Sunshine Place Inc reported income of $6.3m and spending of $4.0m, leaving 36% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $834k to $6.3m (+650%), an average of +66% a year. The sharpest change came in the year to December 2023, when income rose by 263%. Over the whole period it spent 66% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Sunshine Place Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within WI. Charities of a similar size with the same main cause include Las Vegas Rescue Mission ($6.3m), Greater Lowell Family Y M C a ($6.3m) and Daly City Peninsula Partnership Collaborative ($6.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 0.5% of the total. Compensation of current officers, directors and key employees was $84k (2.1% of expenses). Other salaries and wages came to $281k. At year end it held assets of $5.7m against liabilities of $63k, net assets of $5.6m.