Sunrise Early Learning & Development Center

Analysis

Sunrise Early Learning & Development Center is a registered charity in United States, based in Fort Worth, TX. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Sunrise Early Learning & Development Center reported income of $759k and spending of $718k, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $362k to $759k (+110%), an average of +20% a year. The sharpest change came in the year to December 2023, when income rose by 62%. Over the whole period it spent 75% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Sunrise Early Learning & Development Center sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 80th percentile within TX. Charities of a similar size with the same main cause include Foundations for Hope Inc ($759k), Williams County Council on Aging Inc ($759k) and Rockbridge Area Relief Association Incorporated ($759k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $229k (32% of expenses). Other salaries and wages came to $182k. At year end it held assets of $37k against liabilities of $0, net assets of $37k.