Sunrise Good Samaritan Fund Inc

Analysis

Sunrise Good Samaritan Fund Inc is a registered charity in United States, based in McLean, VA. It received its IRS tax-exemption ruling in February 2006, 20 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 December 2023, Sunrise Good Samaritan Fund Inc reported income of $203k and spending of $303k, spending 149% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income fell from $305k to $203k (-33%), an average of -7.8% a year. The sharpest change came in the year to December 2020, when income rose by 107%. Over the whole period it spent 80% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Sunrise Good Samaritan Fund Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 54th percentile within VA. Charities of a similar size with the same main cause include Laura Rosenberg Foundation Inc ($203k), The Meriden-Wallingford Community F Foundation Inc ($203k) and Sheckler Foundation ($203k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $49k. At year end it held assets of $539k against liabilities of $4,030, net assets of $535k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.