Sunrise Family Resource Center Inc

Analysis

Sunrise Family Resource Center Inc is a registered charity in United States, based in Bennington, VT. It received its IRS tax-exemption ruling in December 1969, 57 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2023, Sunrise Family Resource Center Inc reported income of $3.0m and spending of $3.1m, spending 103% of its income. Across the 6 years on record, from June 2018 to June 2023, income grew from $1.9m to $3.0m (+57%), an average of +9.4% a year. The sharpest change came in the year to June 2021, when income rose by 36%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Sunrise Family Resource Center Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 88th percentile within VT. Charities of a similar size with the same main cause include Salem Community Child Care Inc ($3.0m), Refuge House Inc ($3.0m) and Brown Bag Ministries Inc ($3.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 86% and program service revenue 13% of the total. Compensation of current officers, directors and key employees was $84k (2.7% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $2.1m against liabilities of $187k, net assets of $1.9m. It reported 40 employees.