Sunshine Acres Childrens Home Charitable Foundation Inc

Analysis

Sunshine Acres Childrens Home Charitable Foundation Inc is a registered charity in United States, based in Mesa, AZ. It received its IRS tax-exemption ruling in November 2016, 10 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. The IRS classifies it as a supporting organisation (type iii other) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Sunshine Acres Childrens Home Charitable Foundation Inc reported income of $2.9m and spending of $1.1m, leaving 60% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $893k to $2.9m (+220%), an average of +34% a year. The sharpest change came in the year to June 2023, when income rose by 292%. Over the whole period it spent 98% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Sunshine Acres Childrens Home Charitable Foundation Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 87th percentile within AZ. Charities of a similar size with the same main cause include New Braunfels Area Community Foundation ($2.9m), Pro Inspire ($2.9m) and West Piedmont Workforce Investment Board ($2.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.2% of the total. At year end it held assets of $35.5m against liabilities of $1.9m, net assets of $33.6m. It reported 2 employees.