Sunbeam Foundation

Analysis

Sunbeam Foundation is a registered charity in United States, based in Mountain View, CA. It received its IRS tax-exemption ruling in January 2006, 20 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 March 2023, Sunbeam Foundation reported income of $61k and spending of $41k, leaving 32% of income unspent that year. Across the 2 years on record, from March 2022 to March 2023, income fell from $71k to $61k (-14%), an average of -14% a year. Over the whole period it spent 32% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Sunbeam Foundation sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 26th percentile within CA. Charities of a similar size with the same main cause include A Champions Shoes ($61k), Justice Organization Sharing Hope U Nited for Action ($61k) and Sterile Feral Foundation ($61k).

On its Form 990-EZ for the period ending March 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $428k against liabilities of $0, net assets of $428k.