Sunshine Ministries Inc

Analysis

Sunshine Ministries Inc is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in July 1942, 84 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 June 2023, Sunshine Ministries Inc reported income of $1.9m and spending of $1.7m, spending 85% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.6m to $1.9m (+20%), an average of +4.7% a year. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Sunshine Ministries Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 84th percentile within MO. Charities of a similar size with the same main cause include Youth Focus Inc ($1.9m), Youth 180 Inc ($1.9m) and Lifetime Advocacy Plus ($1.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 81% of the total. Compensation of current officers, directors and key employees was $144k (8.7% of expenses). Other salaries and wages came to $435k. At year end it held assets of $17.5m against liabilities of $51k, net assets of $17.5m. It reported 16 employees.