Sunshine Foundation

Analysis

Sunshine Foundation is a registered charity in United States, based in Southampton, PA. It received its IRS tax-exemption ruling in October 1977, 49 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 June 2023, Sunshine Foundation reported income of $2.1m and spending of $1.2m, leaving 42% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.3m to $2.1m (+59%), an average of +17% a year. The sharpest change came in the year to June 2023, when income rose by 119%. Over the whole period it spent 81% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Sunshine Foundation sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 85th percentile within PA. Charities of a similar size with the same main cause include Incourage Community Foundation Inc ($2.1m), Detroit Lions Charities ($2.1m) and The Mulford Corporation ($2.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $91k (7.6% of expenses). Other salaries and wages came to $322k. At year end it held assets of $2.8m against liabilities of $51k, net assets of $2.7m. It reported 8 employees.