So Shine Foundation

Analysis

So Shine Foundation is a registered charity in United States, based in Newton, KS. It received its IRS tax-exemption ruling in March 2013, 13 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, So Shine Foundation reported income of $647k and spending of $731k, spending 113% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $266k to $647k (+143%), an average of +25% a year. The sharpest change came in the year to December 2021, when income rose by 43%. Over the whole period it spent 108% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, So Shine Foundation sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 75th percentile within KS. Charities of a similar size with the same main cause include Womens League for Israel Inc ($646k), Unify the World ($648k) and Pura Vida Ministries ($646k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 11% and program service revenue 85% of the total. Compensation of current officers, directors and key employees was $32k (4.4% of expenses). Other salaries and wages came to $140k. At year end it held assets of $511k against liabilities of $706k, net assets of -$196k. It reported 27 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.