Saving the Sunshine State

Analysis

Saving the Sunshine State is a registered charity in United States, based in Bradenton, FL. It received its IRS tax-exemption ruling in January 2021, 5 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Saving the Sunshine State reported income of $599k and spending of $378k, leaving 37% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $304k to $599k (+97%), an average of +40% a year. The sharpest change came in the year to December 2023, when income rose by 51%. Over the whole period it spent 73% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Saving the Sunshine State 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 73rd percentile, and in the 75th percentile within FL. Charities of a similar size with the same main cause include Mariposa Senior Association ($599k), Housing Oregon ($599k) and Central Alabama Housing Alliance ($599k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $1.8m against liabilities of $808k, net assets of $993k.