Sonshine Preschool Inc

Analysis

Sonshine Preschool Inc is a registered charity in United States, based in Oskaloosa, IA. It received its IRS tax-exemption ruling in March 2014, 12 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 June 2024, Sonshine Preschool Inc reported income of $125k and spending of $130k, spending 104% of its income. Across the 2 years on record, from June 2023 to June 2024, income fell from $148k to $125k (-16%), an average of -16% a year. The sharpest change came in the year to June 2024, when income dropped by 16%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Sonshine Preschool Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 42nd percentile within IA. Charities of a similar size with the same main cause include Venice Volleyball Association Inc ($125k), PTA Florida Congress ($125k) and Kings River Hardwick Parent Booster Club ($125k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 2.5% and program service revenue 97% of the total. At year end it held assets of $121k against liabilities of $4,409, net assets of $117k.