Sunshine Services

Analysis

Sunshine Services is a registered charity in United States, based in Knoxville, TN. It received its IRS tax-exemption ruling in December 1954, 72 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Sunshine Services reported income of $2.8m and spending of $3.2m, spending 115% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.1m to $2.8m (+31%), an average of +6.9% a year. The sharpest change came in the year to June 2022, when income rose by 23%. Over the whole period it spent 104% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Sunshine Services sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within TN. Charities of a similar size with the same main cause include Kids Connected by Design Inc ($2.8m), Franklin Granville Vance Smart Inc ($2.8m) and Young Mens Christian Association of Douglas County ($2.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 36% and program service revenue 60% of the total. Compensation of current officers, directors and key employees was $87k (2.7% of expenses). Other salaries and wages came to $2.2m. At year end it held assets of $3.1m against liabilities of $269k, net assets of $2.8m. It reported 131 employees.