Sunshine Workshop Inc

Analysis

Sunshine Workshop Inc is a registered charity in United States, based in Nappanee, IN. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover employment, which this site groups under community and economic development. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Sunshine Workshop Inc reported income of $878k and spending of $786k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $342k to $878k (+157%), an average of +27% a year. The sharpest change came in the year to December 2021, when income rose by 97%. Over the whole period it spent 83% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Sunshine Workshop Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 78th percentile within IN. Charities of a similar size with the same main cause include 100 Black Men of Metropolitian Baton Rouge ($878k), West Side Forward NFP ($878k) and Institute of Real Estate Management Foundation ($877k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 65% and program service revenue 16% of the total. Other salaries and wages came to $492k. At year end it held assets of $986k against liabilities of $12k, net assets of $974k. It reported 27 employees.