Sonshine World

Analysis

Sonshine World is a registered charity in United States, based in Kearney, NE. It received its IRS tax-exemption ruling in May 2021, 5 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 2023, Sonshine World reported income of $1.3m and spending of $1.3m, spending 103% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $1.2m to $1.3m (+9.4%), an average of +4.6% a year. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Sonshine World sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 82nd percentile within NE. Charities of a similar size with the same main cause include Spuyten Duyvil Pre School Inc ($1.3m), CWFF Child Development Center Inc ($1.3m) and Dress for Success Triangle NC ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 9.5% and program service revenue 90% of the total. Other salaries and wages came to $839k. At year end it held assets of $288k against liabilities of $235, net assets of $288k. It reported 84 employees.