Sunnybrook Foundation

Analysis

Sunnybrook Foundation is a registered charity in United States, based in Canada. It received its IRS tax-exemption ruling in August 1986, 40 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3).

In the financial year ending March 2024, Sunnybrook Foundation reported income of $98.7m and spending of $103.3m, spending 105% of its income. Across the 5 years on record, from March 2020 to March 2024, income grew from $76.5m to $98.7m (+29%), an average of +6.6% a year. The sharpest change came in the year to March 2024, when income rose by 34%. Over the whole period it spent 82% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Sunnybrook Foundation sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile. Charities of a similar size with the same main cause include Bay Area Community Services Inc ($98.3m), Saint Thomas Regional Hospitals ($98.8m) and Goodwill Industries of the Chesapeake Inc ($98.0m).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 88% of the total. Compensation of current officers, directors and key employees was $4.9m (4.8% of expenses). Other salaries and wages came to $6.1m. It paid $2.6m in professional fundraising fees. At year end it held assets of $378.9m against liabilities of $6.9m, net assets of $372.0m. It reported 93 employees.