Sunrise Community of Northeast Florida Inc

Analysis

Sunrise Community of Northeast Florida Inc is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in August 1969, 57 years ago. 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 Community of Northeast Florida Inc reported income of $4.1m and spending of $2.6m, leaving 35% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $2.9m to $4.1m (+39%), an average of +12% a year. The sharpest change came in the year to June 2022, when income rose by 31%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Sunrise Community of Northeast Florida Inc sits at the 91st percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within FL. Charities of a similar size with the same main cause include Community Options & Resources ($4.1m), Denver Volunteer Fire Department ($4.1m) and Valley Light Industries Inc ($4.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 22% and program service revenue 76% of the total. Other salaries and wages came to $1.4m. At year end it held assets of $1.5m against liabilities of $450k, net assets of $1.1m. It reported 92 employees.