Sunshine Christian Homes Inc

Analysis

Sunshine Christian Homes Inc is a registered charity in United States, based in Holiday, FL. It received its IRS tax-exemption ruling in October 1978, 48 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 2022, Sunshine Christian Homes Inc reported income of $3.1m and spending of $3.4m, spending 112% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income fell from $3.2m to $3.1m (-4.7%), an average of -1.6% a year. Over the whole period it spent 102% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Sunshine Christian Homes Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within FL. Charities of a similar size with the same main cause include Park Terrace Assisted Living Inc ($3.1m), Homeless and Housing Coalition of Kentucky Inc ($3.1m) and Homestretch Nonprofit Housing Corporation ($3.1m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 1.7% and program service revenue 89% of the total. Compensation of current officers, directors and key employees was $99k (2.9% of expenses). Other salaries and wages came to $1.7m. At year end it held assets of $4.9m against liabilities of $483k, net assets of $4.4m. It reported 111 employees.