Sunshine Home Share Colorado

Analysis

Sunshine Home Share Colorado is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in February 2016, 10 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Sunshine Home Share Colorado reported income of $245k and spending of $303k, spending 123% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $320k to $245k (-23%), an average of -6.4% a year. The sharpest change came in the year to December 2023, when income dropped by 26%. Over the whole period it spent 94% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Sunshine Home Share Colorado 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 58th percentile, and in the 55th percentile within CO. Charities of a similar size with the same main cause include Peoples Owned and Operated Collective Housing Inc ($245k), Academy Management & Hospitality Services Group Inc ($246k) and Providence Westside Housing Development Fund Company Inc ($245k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% of the total. Compensation of current officers, directors and key employees was $78k (26% of expenses). Other salaries and wages came to $143k. At year end it held assets of $186k against liabilities of $13k, net assets of $173k. It reported 6 employees.