Sunshine Cottage Land Corporation

Analysis

Sunshine Cottage Land Corporation is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in April 2018, 8 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2023, Sunshine Cottage Land Corporation reported income of $631k and spending of $449k, leaving 29% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $242k to $631k (+160%), an average of +38% a year. The sharpest change came in the year to December 2022, when income rose by 49%. Over the whole period it spent 82% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Sunshine Cottage Land Corporation sits at the 71st percentile: it is larger than about 71% 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 Palm Harbor Academy Inc ($631k), Razias Ray of Hope Foundation ($631k) and Heritage Grocers Giving Foundation ($631k).

At year end it held assets of $789k against liabilities of $449k, net assets of $340k.