The Shine Foundation

Analysis

The Shine Foundation is a registered charity in United States, based in Tupelo, MS. It received its IRS tax-exemption ruling in February 2022, 4 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, The Shine Foundation reported income of $87k and spending of $53k, leaving 39% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $75k to $87k (+15%), an average of +15% a year. The sharpest change came in the year to December 2023, when income rose by 15%. Over the whole period it spent 65% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The Shine Foundation sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 35th percentile within MS. Charities of a similar size with the same main cause include St Paul Nonprofit Chariable Organization ($87k), Winchester-Frederick-Clarke Faith in Action ($87k) and Residential Resources for the Developmentally Challenged Inc ($87k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 87% of the total. At year end it held assets of $57k against liabilities of $0, net assets of $57k.