Spreading Sunshine Inc

Analysis

Spreading Sunshine Inc is a registered charity in United States, based in Cordova, TN. It received its IRS tax-exemption ruling in September 2015, 11 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 December 2023, Spreading Sunshine Inc reported income of $221k and spending of $200k, spending 91% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $176k to $221k (+25%), an average of +25% a year. The sharpest change came in the year to December 2023, when income rose by 25%. Over the whole period it spent 98% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Spreading Sunshine Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 56th percentile within TN. Charities of a similar size with the same main cause include Hermiston RHF Housing Inc ($221k), McAlester Regional Health Center Foundation ($221k) and Love Hope Strength Inc ($221k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $80k. At year end it held assets of $53k against liabilities of $0, net assets of $53k. It reported 3 employees.