Sonshiners Preschool Corporation

Analysis

Sonshiners Preschool Corporation is a registered charity in United States, based in Roxboro, NC. It received its IRS tax-exemption ruling in May 2011, 15 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Sonshiners Preschool Corporation reported income of $69k and spending of $65k, spending 94% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $55k to $69k (+26%), an average of +26% a year. The sharpest change came in the year to June 2024, when income rose by 26%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Sonshiners Preschool Corporation sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 25th percentile within NC. Charities of a similar size with the same main cause include Refugeestrong Org ($69k), Congdon Park Elementary School Duluth Foundation ($69k) and Perry Presbyterian Playschool Inc ($69k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 0.3% and program service revenue 100% of the total. At year end it held assets of $20k against liabilities of $0, net assets of $20k.