Team Sunshine Performance Corporation

Analysis

Team Sunshine Performance Corporation is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in November 2017, 9 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 September 2023, Team Sunshine Performance Corporation reported income of $117k and spending of $103k, spending 88% of its income. Across the 3 years on record, from September 2021 to September 2023, income fell from $207k to $117k (-44%), an average of -25% a year. The sharpest change came in the year to September 2022, when income dropped by 54%. Over the whole period it spent 88% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Team Sunshine Performance Corporation sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 39th percentile within PA. Charities of a similar size with the same main cause include Punxsutawney Weather Center Inc ($117k), Oregon Childrens Choir Association Inc ($117k) and Little Elm Angels Foundation ($117k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 81% and program service revenue 19% of the total. At year end it held assets of $97k against liabilities of $1,100, net assets of $96k.