Sunshine House Inc

Analysis

Sunshine House Inc is a registered charity in United States, based in Alpine, TX. It received its IRS tax-exemption ruling in December 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 September 2023, Sunshine House Inc reported income of $668k and spending of $763k, spending 114% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $506k to $668k (+32%), an average of +7.2% a year. The sharpest change came in the year to September 2020, when income rose by 42%. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Sunshine House Inc sits at the 73rd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 78th percentile within TX. Charities of a similar size with the same main cause include National Japanese American Historical Society Inc ($668k), The Governors School for the Arts Foundation Inc ($668k) and Franklin Center of Beaver County Inc ($668k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 91% and program service revenue 2.5% of the total. Compensation of current officers, directors and key employees was $58k (7.6% of expenses). Other salaries and wages came to $250k. At year end it held assets of $1.2m against liabilities of $11k, net assets of $1.2m. It reported 22 employees.