Sunshine Approach Foundation Company Inc

Analysis

Sunshine Approach Foundation Company Inc is a registered charity in United States, based in Lewes, DE. It received its IRS tax-exemption ruling in July 2015, 11 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, Sunshine Approach Foundation Company Inc reported income of $141k and spending of $103k, leaving 27% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $469k to $141k (-70%), an average of -45% a year. The sharpest change came in the year to December 2022, when income dropped by 74%. Over the whole period it spent 42% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Sunshine Approach Foundation Company Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 40th percentile within DE. Charities of a similar size with the same main cause include Armenia School Foundation ($141k), Transform International ($141k) and Into Freedom Inc ($141k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $367k against liabilities of $0, net assets of $367k.