Songshine Foundation

Analysis

Songshine Foundation is a registered charity in United States, based in Bloomington, IL. It received its IRS tax-exemption ruling in August 2011, 15 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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, Songshine Foundation reported income of $94k and spending of $124k, spending 132% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $147k to $94k (-36%), an average of -36% a year. The sharpest change came in the year to December 2023, when income dropped by 36%. Over the whole period it spent 94% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Songshine Foundation sits at the 26th percentile: it is larger than about 26% 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 Hazel Hawkins Memorial Hospital Auxiliary ($94k), Raising Our Celiac Kids-Twin Cities Chapter Inc ($94k) and Project White Butterfly ($94k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 91% and program service revenue 8.5% of the total. At year end it held assets of $110k against liabilities of $2,885, net assets of $107k.