Pockets Full of Sunshine

Analysis

Pockets Full of Sunshine is a registered charity in United States, based in Hilton Head, SC. It received its IRS tax-exemption ruling in April 2015, 11 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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, Pockets Full of Sunshine reported income of $417k and spending of $280k, leaving 33% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $185k to $417k (+126%), an average of +31% a year. The sharpest change came in the year to December 2022, when income rose by 56%. Over the whole period it spent 57% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Pockets Full of Sunshine sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 72nd percentile within SC. Charities of a similar size with the same main cause include African-American Resource Center at Booker ($417k), Akahiao Nature Institute ($417k) and Rees Theatre Inc ($416k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 53% and program service revenue 9.8% of the total. Other salaries and wages came to $44k. At year end it held assets of $811k against liabilities of $0, net assets of $811k.