House of Shine Inc

Analysis

House of Shine Inc is a registered charity in United States, based in Grapevine, TX. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. 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, House of Shine Inc reported income of $584k and spending of $801k, spending 137% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $670k to $584k (-13%), an average of -4.5% a year. The sharpest change came in the year to June 2021, when income dropped by 36%. Over the whole period it spent 78% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, House of Shine Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 77th percentile within TX. Charities of a similar size with the same main cause include Ophelia J Berry Fund Inc ($584k), William L Goldfarb Foundation for Education & Resrch of LWR Extm Inc ($584k) and Wilder Memorial Nursery School ($584k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 96% and program service revenue 5.7% of the total. Other salaries and wages came to $454k. At year end it held assets of $520k against liabilities of $15k, net assets of $504k. It reported 9 employees.