Shining Stars Foundation

Analysis

Shining Stars Foundation is a registered charity in United States, based in Tabernash, CO. It received its IRS tax-exemption ruling in September 2001, 25 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Shining Stars Foundation reported income of $1.3m and spending of $806k, leaving 37% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $958k to $1.3m (+34%), an average of +7.5% a year. The sharpest change came in the year to December 2023, when income rose by 97%. Over the whole period it spent 76% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Shining Stars Foundation sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 81st percentile within CO. Charities of a similar size with the same main cause include Kenbrook Bible Camp Inc ($1.3m), The First Tee of Greater Knoxville ($1.3m) and Timbergrove Sports Association Inc ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 79% of the total. Compensation of current officers, directors and key employees was $92k (11% of expenses). Other salaries and wages came to $185k. At year end it held assets of $1.7m against liabilities of $21k, net assets of $1.6m. It reported 5 employees.