Greenville News Holiday Sunshine Fund

Analysis

Greenville News Holiday Sunshine Fund is a registered charity in United States, based in Greenville, SC. It received its IRS tax-exemption ruling in September 2022, 4 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Greenville News Holiday Sunshine Fund reported income of $82k and spending of $85k, spending 104% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $196k to $82k (-58%), an average of -58% a year. The sharpest change came in the year to December 2023, when income dropped by 58%. Over the whole period it spent 83% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Greenville News Holiday Sunshine Fund 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 32nd percentile, and in the 38th percentile within SC. Charities of a similar size with the same main cause include Civilian Military Community Foundation Inc ($82k), National Armor and Cavalry Heritage Foundation Inc ($82k) and J Robert Young Foundation ($82k).

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 $48k against liabilities of $0, net assets of $48k.