Sunshine Ministries Inc

Analysis

Sunshine Ministries Inc is a registered charity in United States, based in Tucson, AZ. It received its IRS tax-exemption ruling in July 1982, 44 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Sunshine Ministries Inc reported income of $50k and spending of $37k, leaving 26% of income unspent that year. Across the 2 years on record, from December 2021 to December 2022, income fell from $93k to $50k (-46%), an average of -46% a year. The sharpest change came in the year to December 2022, when income dropped by 46%. Over the whole period it spent 40% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Sunshine Ministries Inc sits at the 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 17th percentile within AZ. Charities of a similar size with the same main cause include Boy Scouts of America ($50k), Southern Lorain County Historical Society ($50k) and Summer Reinforcement Program ($50k).

On its Form 990-EZ for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $455k against liabilities of $37k, net assets of $418k.