Sonshine Learning Center
Analysis
Sonshine Learning Center is a registered charity in United States, based in Mendota HTS, MN. It received its IRS tax-exemption ruling in October 2005, 21 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, Sonshine Learning Center reported income of $1.7m and spending of $1.9m, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.7m to $1.7m (-0.3%), an average of -0.1% a year. Over the whole period it spent 104% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Sonshine Learning Center sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 84th percentile within MN. Charities of a similar size with the same main cause include Montessori Etc Inc ($1.7m), Oakland Community Nursery School ($1.7m) and Grupo Nuevo Los Angeles ($1.7m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 6.4% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $116k (6.2% of expenses). Other salaries and wages came to $882k. At year end it held assets of $1.9m against liabilities of $1.7m, net assets of $151k. It reported 36 employees.
Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.
Income and spending
Where the income comes from
- Contributions & grants 6.4%
- Program services 93%
- Other 0.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Montessori Etc Inc | Charleston | $1.7m |
| Oakland Community Nursery School | Oakland | $1.7m |
| Grupo Nuevo Los Angeles | Los Angeles | $1.7m |
| Lewisville Education Foundation Inc | Lewisville | $1.7m |