Sunshine Childcare Center at Northeastern

Analysis

Sunshine Childcare Center at Northeastern is a registered charity in United States, based in Sterling, CO. It received its IRS tax-exemption ruling in May 2022, 4 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, Sunshine Childcare Center at Northeastern reported income of $500k and spending of $518k, spending 104% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $472k to $500k (+6.0%), an average of +6.0% a year. Over the whole period it spent 81% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Sunshine Childcare Center at Northeastern sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 68th percentile within CO. Charities of a similar size with the same main cause include Friends of the Narragansett Library ($500k), Athlete Transition Services Corp ($500k) and Center for Farmworker Families ($500k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 40% and program service revenue 62% of the total. Other salaries and wages came to $372k. At year end it held assets of $244k against liabilities of $2,832, net assets of $242k. It reported 30 employees.