Sandals Foundation Inc

Analysis

Sandals Foundation Inc is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in May 2009, 17 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 December 2023, Sandals Foundation Inc reported income of $313k and spending of $216k, leaving 31% of income unspent that year. Across the 4 years on record, from December 2019 to December 2023, income fell from $884k to $313k (-65%), an average of -29% a year. The sharpest change came in the year to December 2020, when income dropped by 68%. Over the whole period it spent 96% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Sandals Foundation Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 65th percentile within FL. Charities of a similar size with the same main cause include Bruce and Marsha Moskowitz Foundation Inc ($312k), Oakleaf Endowment Trust Fbo Public Radio International ($313k) and Samaritan Ministries Inc ($312k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $251k against liabilities of $3,585, net assets of $248k.