Sunrise Community for Recovery and Wellness Inc

Analysis

Sunrise Community for Recovery and Wellness Inc is a registered charity in United States, based in Asheville, NC. It received its IRS tax-exemption ruling in November 2007, 19 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 December 2022, Sunrise Community for Recovery and Wellness Inc reported income of $2.5m and spending of $2.5m, spending 101% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $591k to $2.5m (+322%), an average of +62% a year. The sharpest change came in the year to December 2021, when income rose by 117%. Over the whole period it spent 98% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Sunrise Community for Recovery and Wellness Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within NC. Charities of a similar size with the same main cause include N&r of Vienna LLC ($2.5m), Leukemia Research Foundation Inc ($2.5m) and Alcoholism and Substance Abuse Council of H F M Counties Inc ($2.5m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $211k (8.4% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $733k against liabilities of $287k, net assets of $447k. It reported 69 employees.