Sunshine Industries Unlimited Inc

Analysis

Sunshine Industries Unlimited Inc is a registered charity in United States, based in Sweet Home, OR. It received its IRS tax-exemption ruling in November 1978, 48 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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 June 2024, Sunshine Industries Unlimited Inc reported income of $1.5m and spending of $1.3m, spending 83% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $1.2m to $1.5m (+32%), an average of +7.2% a year. The sharpest change came in the year to June 2022, when income rose by 223%. Over the whole period it spent 94% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Sunshine Industries Unlimited Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within OR. Charities of a similar size with the same main cause include Campus of the San Antonio Jewish Community ($1.5m), TPC Social Ventures Inc ($1.5m) and North Carolina Center for Non Profit Organizations Inc ($1.5m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 3.1% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $104k (8.2% of expenses). Other salaries and wages came to $539k. At year end it held assets of $1.8m against liabilities of $115k, net assets of $1.6m. It reported 36 employees.