Foundation for Sunbeam Family Services

Analysis

Foundation for Sunbeam Family Services is a registered charity in United States, based in Oklahoma City, OK. It received its IRS tax-exemption ruling in July 2014, 12 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Foundation for Sunbeam Family Services reported income of $63k and spending of $86k, spending 137% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $41k to $63k (+53%), an average of +11% a year. The sharpest change came in the year to June 2021, when income rose by 206%. Over the whole period it spent 117% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Foundation for Sunbeam Family Services sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 23rd percentile within OK. Charities of a similar size with the same main cause include Nick Erdy Foundation Inc ($63k), Fredericksburg Community Assn Inc ($63k) and Madison Memorial Hospital Foundation Inc ($63k).

At year end it held assets of $2.0m against liabilities of $28k, net assets of $2.0m.