Sunshine Family Cares Inc

Analysis

Sunshine Family Cares Inc is a registered charity in United States, based in Flint, MI. It received its IRS tax-exemption ruling in June 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Sunshine Family Cares Inc reported income of $1.2m and spending of $1.2m, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $282k to $1.2m (+322%), an average of +322% a year. The sharpest change came in the year to December 2023, when income rose by 322%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Sunshine Family Cares Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 81st percentile within MI. Charities of a similar size with the same main cause include Central Montana District Six Resources Development Council ($1.2m), Lead the Way Fund Inc ($1.2m) and Native Alliance of the Sierra Nevada Foothills ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $420k (35% of expenses). Other salaries and wages came to $135k. At year end it held assets of $362k against liabilities of $364k, net assets of -$1,148. It reported 9 employees.