Ymbl Sunshine Foundation

Analysis

Ymbl Sunshine Foundation is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in June 1994, 32 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Ymbl Sunshine Foundation reported income of $274k and spending of $39k, leaving 86% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $61k to $274k (+347%), an average of +45% a year. The sharpest change came in the year to December 2021, when income rose by 89%. Over the whole period it spent 32% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Ymbl Sunshine Foundation sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 64th percentile within TX. Charities of a similar size with the same main cause include South Sioux City Community Foundation Inc ($274k), Lonoke Housing Inc ($274k) and St Anastasia School Endowment Inc ($274k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 71% of the total. At year end it held assets of $1.8m against liabilities of $0, net assets of $1.8m.