Sunshine Valley Child Care

Analysis

Sunshine Valley Child Care is a registered charity in United States, based in Golden Valley, MN. It received its IRS tax-exemption ruling in September 1978, 48 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 August 2023, Sunshine Valley Child Care reported income of $1.0m and spending of $1.1m, spending 106% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income grew from $654k to $1.0m (+54%), an average of +11% a year. The sharpest change came in the year to August 2021, when income rose by 67%. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Sunshine Valley Child Care sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 78th percentile within MN. Charities of a similar size with the same main cause include National Aeronautic Association of U S a Inc ($1.0m), West Michigan Environmental Action Council Education Foundation ($1.0m) and New Life Properties Inc ($1.0m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 11% and program service revenue 89% of the total. Compensation of current officers, directors and key employees was $145k (14% of expenses). Other salaries and wages came to $611k. At year end it held assets of $73k against liabilities of $20k, net assets of $53k. It reported 30 employees.