True Sunshine Preschool Center Inc

Analysis

True Sunshine Preschool Center Inc is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in August 1974, 52 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, True Sunshine Preschool Center Inc reported income of $1.3m and spending of $1.1m, spending 87% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $919k to $1.3m (+42%), an average of +9.2% a year. The sharpest change came in the year to June 2023, when income rose by 46%. 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, True Sunshine Preschool Center Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 83rd percentile within CA. Charities of a similar size with the same main cause include No Place Left Inc ($1.3m), Aurora Area African American Men of Unity ($1.3m) and Maot Chitim of Greater Chicago Inc ($1.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 0.1% of the total. Compensation of current officers, directors and key employees was $119k (11% of expenses). Other salaries and wages came to $544k. At year end it held assets of $1.8m against liabilities of $412k, net assets of $1.4m. It reported 11 employees.