Son Shine Ministries Inc

Analysis

Son Shine Ministries Inc is a registered charity in United States, based in Azle, TX. It received its IRS tax-exemption ruling in August 1978, 48 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, Son Shine Ministries Inc reported income of $275k and spending of $263k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $214k to $275k (+28%), an average of +6.4% a year. The sharpest change came in the year to December 2021, when income rose by 25%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Son Shine Ministries Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 64th percentile within TX. Charities of a similar size with the same main cause include Emergency Medical Services Coord Council of S E Az ($275k), Believers International Inc ($275k) and Helping Hands of Columbus Inc ($275k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% of the total. Compensation of current officers, directors and key employees was $54k (21% of expenses). Other salaries and wages came to $43k. At year end it held assets of $311k against liabilities of $1,150, net assets of $309k. It reported 2 employees.