Sunshine Foundation Inc

Analysis

Sunshine Foundation Inc is a registered charity in United States, based in Maumee, OH. It received its IRS tax-exemption ruling in June 1985, 41 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Sunshine Foundation Inc reported income of $1.6m and spending of $1.6m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.1m to $1.6m (-26%), an average of -7.2% a year. The sharpest change came in the year to December 2020, when income rose by 543%. Over the whole period it spent 25% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Sunshine Foundation Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within OH. Charities of a similar size with the same main cause include Victims First Inc ($1.6m), Young Womens Christian Association of Lewiston-Clarkston Inc ($1.6m) and Akas Darbar ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 67% of the total. It paid $1,000 in professional fundraising fees. At year end it held assets of $24.3m against liabilities of $1.9m, net assets of $22.4m.