Sunshine Community Foundation Inc

Analysis

Sunshine Community Foundation Inc is a registered charity in United States, based in Ft Lauderdale, FL. It received its IRS tax-exemption ruling in May 2000, 26 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2021, Sunshine Community Foundation Inc reported income of $150k and spending of $200k, spending 133% of what it took in. Across the 3 years on record, from December 2019 to December 2021, income grew from $70k to $150k (+116%), an average of +47% a year. The sharpest change came in the year to December 2020, when income rose by 306%. Over the whole period it spent 123% 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 Community Foundation Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 51st percentile within FL. Charities of a similar size with the same main cause include Los Angeles Police Academy Magnet School Foundation ($150k), Gods Food Bank Inc ($151k) and Prince Henry Society Scholarship Foundation of New Bedford Inc ($150k).

On its Form 990 for the period ending December 2021, revenue came from contributions and grants 69% of the total. At year end it held assets of $2.9m against liabilities of $78k, net assets of $2.8m.