Sunbeam Corner Inc

Analysis

Sunbeam Corner Inc is a registered charity in United States, based in Dallas City, IL. It received its IRS tax-exemption ruling in December 1979, 47 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Sunbeam Corner Inc reported income of $93k and spending of $89k, spending 95% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $83k to $93k (+13%), an average of +13% a year. Over the whole period it spent 105% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Sunbeam Corner Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 36th percentile within IL. Charities of a similar size with the same main cause include Quintet of the Americas Inc ($93k), Friends of the Villages Library Inc ($93k) and Family Honor Inc ($93k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 3.1% and program service revenue 93% of the total. At year end it held assets of $42k against liabilities of $1,597, net assets of $40k.