Sunburst Homes Inc

Analysis

Sunburst Homes Inc is a registered charity in United States, based in Jasper, AL. It received its IRS tax-exemption ruling in August 1987, 39 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 June 2024, Sunburst Homes Inc reported income of $222k and spending of $205k, spending 92% of its income. Across the 4 years on record, from June 2020 to June 2024, income grew from $214k to $222k (+3.6%), an average of +1.2% a year. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Sunburst Homes Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 57th percentile within AL. Charities of a similar size with the same main cause include Functional Literacy Ministry of Haiti ($222k), General Federation of Womens Clubs ($222k) and St George Island Charity Cook Off Auction Inc ($222k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 45% and program service revenue 55% of the total. Other salaries and wages came to $25k. At year end it held assets of $277k against liabilities of $545k, net assets of -$268k.