Sunrise Opportunities

Analysis

Sunrise Opportunities is a registered charity in United States, based in Machias, ME. It received its IRS tax-exemption ruling in June 1987, 39 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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 June 2024, Sunrise Opportunities reported income of $10.4m and spending of $10.4m, spending 100% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $8.6m to $10.4m (+21%), an average of +4.9% a year. The sharpest change came in the year to June 2021, when income rose by 23%. Over the whole period it spent 94% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Sunrise Opportunities sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within ME. Charities of a similar size with the same main cause include Garden Village ($10.4m), St Barnabas Nursing Home Inc ($10.4m) and Fall River Deaconess Home ($10.4m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 11% and program service revenue 88% of the total. Compensation of current officers, directors and key employees was $149k (1.4% of expenses). Other salaries and wages came to $5.7m. At year end it held assets of $5.2m against liabilities of $1.6m, net assets of $3.6m. It reported 165 employees.