Sonshine Ministries Inc

Analysis

Sonshine Ministries Inc is a registered charity in United States, based in Harrisonburg, VA. It received its IRS tax-exemption ruling in January 1986, 40 years ago. 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, Sonshine Ministries Inc reported income of $130k and spending of $94k, leaving 27% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $130k to $130k (-0.1%), an average of -0.1% a year. Over the whole period it spent 79% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Sonshine Ministries Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 43rd percentile within VA. Charities of a similar size with the same main cause include Community Meals Inc ($130k), New Market Discovery Foundation Inc ($130k) and Volunteers of America Inc ($130k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 94% of the total. At year end it held assets of $164k against liabilities of $82, net assets of $164k.