New Sun Rising

Analysis

New Sun Rising is a registered charity in United States, based in Millvale, PA. It received its IRS tax-exemption ruling in June 2007, 19 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, New Sun Rising reported income of $3.6m and spending of $3.7m, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.6m to $3.6m (+38%), an average of +8.3% a year. The sharpest change came in the year to December 2020, when income rose by 101%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, New Sun Rising sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 89th percentile within PA. Charities of a similar size with the same main cause include The Pinon Project ($3.6m), Young Mens Christian Association ($3.6m) and Twin Harbors Group Home Association Inc ($3.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 37% and program service revenue 59% of the total. Compensation of current officers, directors and key employees was $118k (3.2% of expenses). Other salaries and wages came to $389k. At year end it held assets of $3.3m against liabilities of $1.8m, net assets of $1.5m. It reported 10 employees.