Sunshine School Inc

Analysis

Sunshine School Inc is a registered charity in United States, based in Searcy, AR. It received its IRS tax-exemption ruling in October 1972, 54 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Sunshine School Inc reported income of $2.6m and spending of $2.3m, spending 88% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $2.2m to $2.6m (+21%), an average of +6.4% a year. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Sunshine School 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 88th percentile, and in the 88th percentile within AR. Charities of a similar size with the same main cause include The Doni Martin Center for Developmental Services Inc ($2.6m), Frank Olean Center Inc ($2.6m) and North Country Library System ($2.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 5.8% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $94k (4.1% of expenses). Other salaries and wages came to $1.7m. At year end it held assets of $3.2m against liabilities of $132k, net assets of $3.0m. It reported 66 employees.