Sunshine Enrichment Cooperative

Analysis

Sunshine Enrichment Cooperative is a registered charity in United States, based in Costa Mesa, CA. It received its IRS tax-exemption ruling in February 1971, 55 years ago. 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 July 2024, Sunshine Enrichment Cooperative reported income of $303k and spending of $267k, spending 88% of its income. Across the 3 years on record, from July 2022 to July 2024, income grew from $239k to $303k (+27%), an average of +13% a year. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Sunshine Enrichment Cooperative sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 64th percentile within CA. Charities of a similar size with the same main cause include Olympic Music Festival ($303k), California Genealogical Society ($303k) and Anansi Day School ($303k).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $142k. At year end it held assets of $76k against liabilities of $0, net assets of $76k. It reported 6 employees.