Sun Beam Community Development Corp

Analysis

Sun Beam Community Development Corp is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in September 2025. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 2021, Sun Beam Community Development Corp reported income of $483k and spending of $258k, leaving 46% of income unspent that year. Across the 2 years on record, from December 2019 to December 2021, income fell from $604k to $483k (-20%), an average of -20% a year. The sharpest change came in the year to December 2021, when income dropped by 20%. Over the whole period it spent 82% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Sun Beam Community Development Corp sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 72nd percentile within FL. Charities of a similar size with the same main cause include Smiles Charity Inc ($483k), First Evangelist Housing and Community Development Corporation ($483k) and Ediths House Inc ($483k).

On its Form 990 for the period ending December 2021, revenue came from contributions and grants 100% of the total. At year end it held assets of $244k against liabilities of $0, net assets of $244k.