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Sunbeam Association for Mission

RegisteredEIN 41-2006392New London, MNOverseas aid and international
Income$57k2023-12
Spending$66ksame year
Spent / received100%2-year average
Size in its cause20th pctOverseas aid and international
Exempt since2003Publicly supported organisat
Employees–latest return

Analysis

Sunbeam Association for Mission is a registered charity in United States, based in New London, MN. It received its IRS tax-exemption ruling in July 2003, 23 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Sunbeam Association for Mission reported income of $57k and spending of $66k, spending 115% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $52k to $57k (+10%), an average of +10% a year. Over the whole period it spent 100% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Sunbeam Association for Mission sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 19th percentile within MN. Charities of a similar size with the same main cause include Code for India Inc ($57k), Casa Verde Home of Hope Inc ($58k) and Asebed Corp ($57k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 76% and program service revenue 24% of the total. At year end it held assets of $151k against liabilities of $0, net assets of $151k.

Income and spending

$0$17k$33k$50k$66k2022 Income: $52,0962022 Spending: $43,53320222023 Income: $57,4522023 Spending: $66,2872023
IncomeSpending

Where the income comes from

  • Contributions & grants 76%
  • Program services 24%

Similar-sized charities, same cause

CharityLocationIncome
Code for India IncPacific Palisades$57k
Casa Verde Home of Hope IncNew Rochelle$58k
Asebed CorpLauderhill$57k
Haiti Childrens Outreach IncNaperville$58k