Sunnyside Home Care Project Inc

Sunnyside Home Care Project Inc. maintains stable finances with consistent high revenue and no reported officer compensation.

EIN: 112515996 · Long Island City, NY · NTEE: E920 · Updated: 2026-03-28

$45.1MRevenue

$12.2MAssets

85/100Mission Score (Excellent)

E920

About Sunnyside Home Care Project Inc

Sunnyside Home Care Project Inc (EIN: 112515996) is a nonprofit organization based in Long Island City, NY, classified under NTEE code E920. The organization reported total revenue of $45.1M and total assets of $12.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sunnyside Home Care Project Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Sunnyside Home Care Project Inc. demonstrates consistent financial activity, with revenues and expenses generally in balance over the past decade. The organization's latest filing (202306) shows expenses slightly exceeding revenue by $756,090 ($43,830,173 vs. $43,074,083), a trend observed in several recent years. Despite this, assets have remained relatively stable, with $11,959,607 in 2023, indicating a managed financial position. The consistent reporting of 0% officer compensation across all available filings suggests a high degree of transparency regarding executive pay, or that officers are not compensated, which is a positive indicator for donor confidence.

The organization's spending efficiency appears to be focused on its program services, as is typical for a home care project. While specific breakdowns for program, administrative, and fundraising expenses are not provided in the summary data, the overall financial stability and the nature of their work (NTEE Code E920 - Home Health Care) imply that the vast majority of their substantial revenue is directed towards direct service delivery. The consistent revenue generation, often exceeding $40 million annually in recent years, suggests a robust operational capacity.

Overall, Sunnyside Home Care Project Inc. appears to be a financially stable and transparent organization, particularly concerning executive compensation. While a detailed breakdown of spending categories would further enhance transparency, the available data points to a well-managed entity delivering significant home care services.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Sunnyside Home Care Project Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

admin: 7%
programs: 90%
fundraising: 3%

According to IRS 990 filings, Sunnyside Home Care Project Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all available IRS 990 filings, indicating either that executive leadership is uncompensated or that compensation falls below reporting thresholds, which is highly unusual for an organization with over $40 million in annual revenue.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Red Flags

The following concerns were identified during AI analysis of Sunnyside Home Care Project Inc's IRS 990 filings:

Consistent reporting of 0% officer compensation for an organization with over $40 million in revenue is highly unusual and warrants further investigation into how leadership is compensated or if this is a reporting anomaly.

Strengths

The following positive indicators were identified for Sunnyside Home Care Project Inc:

Strong and consistent revenue generation, often exceeding $40 million annually in recent years.
Stable asset base, indicating sound financial management despite minor annual fluctuations.
Significant growth in revenue and operations over the past decade, from $22.6M in 2016 to $43M in 2023.

Frequently Asked Questions about Sunnyside Home Care Project Inc

Is Sunnyside Home Care Project Inc. financially stable?

Yes, the organization demonstrates financial stability with consistent annual revenues often exceeding $40 million and stable asset levels, despite some years where expenses slightly outpaced revenue, such as in 2023 where expenses were $43,830,173 against revenues of $43,074,083.

How does Sunnyside Home Care Project Inc. manage executive compensation?

All available IRS 990 filings for Sunnyside Home Care Project Inc. report 0% officer compensation, suggesting a highly unusual compensation structure where executives are not paid or their compensation is not reported as officer compensation.

Has the organization's revenue grown over time?

Yes, the organization has shown significant revenue growth, increasing from $22,668,267 in 2016 to $43,074,083 in 2023, indicating substantial expansion of its operations and services.

Filing History

IRS 990 filing history for Sunnyside Home Care Project Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Sunnyside Home Care Project Inc's revenue has grown by 40.6%, moving from $30.6M to $43.1M. Total assets decreased by 8% over the same period, from $13.0M to $12.0M. Total functional expenses rose by 35.1%, from $32.4M to $43.8M. In its most recent filing year (2023), Sunnyside Home Care Project Inc reported a deficit of $756K, with expenses exceeding revenue. The organization holds $9.2M in liabilities against $12.0M in assets (debt-to-asset ratio: 77.2%), resulting in net assets of $2.7M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$43.1M	$43.8M	$12.0M	$9.2M	—	View 990
2022	$42.0M	$42.4M	$13.8M	$10.3M	—	View 990
2021	$45.7M	$45.2M	$13.4M	$9.5M	—	View 990
2020	$50.1M	$50.2M	$12.6M	$8.2M	—	View 990
2019	$44.1M	$44.9M	$13.5M	$9.1M	—	View 990
2018	$29.1M	$29.1M	$9.2M	$4.0M	—	View 990
2017	$25.8M	$24.8M	$8.2M	$2.8M	—	View 990
2016	$22.7M	$21.9M	$7.4M	$2.9M	—	View 990
2015	$23.3M	$22.4M	$7.4M	$3.8M	—	View 990
2014	$28.3M	$27.3M	$7.5M	$4.7M	—	View 990
2013	$29.2M	$28.9M	$9.8M	$3.1M	—	View 990
2012	$28.2M	$30.4M	$9.5M	$3.0M	—	View 990
2011	$30.6M	$32.4M	$13.0M	$4.3M	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $43.1M, expenses of $43.8M, and assets of $12.0M (revenue +2.5% year-over-year).
2022: Revenue of $42.0M, expenses of $42.4M, and assets of $13.8M (revenue -8.0% year-over-year).
2021: Revenue of $45.7M, expenses of $45.2M, and assets of $13.4M (revenue -8.9% year-over-year).
2020: Revenue of $50.1M, expenses of $50.2M, and assets of $12.6M (revenue +13.5% year-over-year).
2019: Revenue of $44.1M, expenses of $44.9M, and assets of $13.5M (revenue +51.6% year-over-year).
2018: Revenue of $29.1M, expenses of $29.1M, and assets of $9.2M (revenue +12.9% year-over-year).
2017: Revenue of $25.8M, expenses of $24.8M, and assets of $8.2M (revenue +13.8% year-over-year).
2016: Revenue of $22.7M, expenses of $21.9M, and assets of $7.4M (revenue -2.6% year-over-year).
2015: Revenue of $23.3M, expenses of $22.4M, and assets of $7.4M (revenue -17.6% year-over-year).
2014: Revenue of $28.3M, expenses of $27.3M, and assets of $7.5M (revenue -3.2% year-over-year).
2013: Revenue of $29.2M, expenses of $28.9M, and assets of $9.8M (revenue +3.6% year-over-year).
2012: Revenue of $28.2M, expenses of $30.4M, and assets of $9.5M (revenue -8.0% year-over-year).
2011: Revenue of $30.6M, expenses of $32.4M, and assets of $13.0M.

Data Sources and Methodology

This transparency report for Sunnyside Home Care Project Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.

IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.