2023 SPC Report

What’s a Social Purpose Corporation, Anyway?

Did you know that not all businesses make maximizing profit their primary focus?

A Social Purpose Corporation (SPC) is a for-profit corporation that recognizes a broad range of stakeholders and promotes a positive impact beyond its net profits. In other words, SPCs exist as legal entities for businesses wanting explicit leeway to make decisions based on factors other rather than the bottom line.

Dayspring Partners is a software development, web design, and brand consulting firm registered in California as an SPC (Social Purpose Corporation).

We desire to provide excellent work to our clients while simultaneously living out our core values: generosity, mercy, and care for our neighbor. We recognize that we’re able to use our skills and standing as a company to contribute to the Common Good in unique ways.

As an SPC, we put significant effort into three focus areas: our company’s workplace, the work we do in the marketplace, and the ways we serve and build up our local community.


Dayspring believes that the way we relate to one another in the workplace matters quite a lot. We seek to be a compassionate and just workplace where employees are seen as people first, and not just the output of their work.

A 2022 report by the Economic Policy Institute records the CEOs of America’s largest firms making 344 times more than the average rank-and-file employee (the figure is even higher when compared to the lowest-paid employee). At Dayspring, we level out salaries and proactively monitor our highest-to-lowest salary to reverse a trend that goes against our core values.

We want to be a good place to work where interactions are based on our mutual care for one another and a desire to look out for the whole.

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The ratio of highest to lowest salary at Dayspring
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Average years Dayspring staff have been with the company


In the marketplace, Dayspring commits to serving our clients in ways that nurture, rather than exploit, the relationship. We see each project as an opportunity to care deeply for our client, each of whom faces different pressures and demands from particular economic realities, marketplaces, and economies. 

From working with startups, to nonprofits, to biotechnology spinouts, to sports apparel platforms, we are grateful for the trust our clients have placed in us and the stability of our relationships over the years. Each day, we are encouraged by the work they do in the world.

We’re grateful to have been a part of the AAPI Equity Alliance, Chinese For Affirmative Action, and their co-sponsored initiative, Stop AAPI Hate. We’re eager to see how Listen4Good continues to equip various nonprofits with the process and tooling to listen and respond to their clients’ feedback. 

By contributing justly to the marketplace and working with integrity, we hope that these are all small ways our work helps to make the world a better place.

client projects completed in 2023
Clients served in 2023
2023 clients with whom we have partnered for over 7 years


Despite a rapidly globalizing economy, Dayspring remains committed to participating in and giving back to the local community. As a business rooted in the Bayview-Hunters Point, San Francisco, we’ve chosen to donate 5% of our staff time and 10% of profits to other organizations in the neighborhood.

In 2023, over 10 staff together donated over 2818 hours in service to the Common Good, amounting to roughly 7% of 2023 staff hours.

The majority of our efforts towards the Common Good have gone to Rise University Preparatory, a high school with the aim of bringing quality education to Bayview. In addition to donations of staff hours for student tutoring, software internships, event branding, or website redesign, Dayspring has continued its extra commitment of funding a full-time position at Rise through the 2023-2024 academic year.

Much of the work Dayspring has done in the Bayview-Hunters Point neighborhood has been done in partnership with Redeemer Community Church, Renaissance Center, and other community organizations.

Hours donated in services for the common good, including Bayview neighborhood organizations
Percentage of profits that go to local organizations serving our community
Rise Prep position funded

Goodbudget, Our Custom App

For better or worse, money matters in our lives. When Dayspring launched its first mobile app in 2009, it did so with the idea of improving people’s lives by helping them align how they spend their money with their core values. Our solution was Goodbudget, a budgeting tool that helps you track your spending, whether you have your own individual budget or share one with a household. Based on customer feedback, we have witnessed that when people’s relationship with money improves, their overall lives can too.

In 2023, our product team continued its focused support of customers who need a budget that can keep up with their busy lives, and a budget that can give them accurate and up-to-date information so they can make informed spending decisions. To support these budgeters, Goodbudget began to roll out a new Premium plan that will allow customers to sync with their banks. It’s encouraging to see how these features are already improving the lives of Goodbudgeters.

saved on average in the first three months, according to Goodbudget users

Let’s talk

Contact us to discuss what partnership can look like between Dayspring and you.


Ext. 102 Brand Design, Web Design, Software Development