Shine Project Foundation

Analysis

Shine Project Foundation is a registered charity in United States, based in Carlsbad, CA. It received its IRS tax-exemption ruling in October 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Shine Project Foundation reported income of $92k and spending of $79k, spending 86% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $63k to $92k (+46%), an average of +46% a year. The sharpest change came in the year to December 2023, when income rose by 46%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Shine Project Foundation sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 37th percentile within CA. Charities of a similar size with the same main cause include Iowa Falls-Alden Band Boosters ($92k), Walton Raider Orchestra Guild Inc ($92k) and Boulder Creek Parent Teacher Organization Inc ($92k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $13k against liabilities of $0, net assets of $13k.