Sunshine Haven Inc

Analysis

Sunshine Haven Inc is a registered charity in United States, based in Olmito, TX. It received its IRS tax-exemption ruling in December 1999, 27 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2021, Sunshine Haven Inc reported income of $419k and spending of $417k, spending 99% of its income. Across the 3 years on record, from December 2019 to December 2021, income grew from $333k to $419k (+26%), an average of +12% a year. The sharpest change came in the year to December 2021, when income rose by 28%. Over the whole period it spent 105% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Sunshine Haven Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 72nd percentile within TX. Charities of a similar size with the same main cause include Caring for Children Foundation of Texas Inc ($419k), Harmony House Inc ($419k) and Inspirations Childcare & Preschool Center ($419k).

On its Form 990 for the period ending December 2021, revenue came from contributions and grants 91% of the total. Compensation of current officers, directors and key employees was $53k (13% of expenses). Other salaries and wages came to $203k. At year end it held assets of $472k against liabilities of $12k, net assets of $460k. It reported 44 employees.