Sunrays of Hope Inc

Analysis

Sunrays of Hope Inc is a registered charity in United States, based in Alturas, CA. It received its IRS tax-exemption ruling in May 2019, 7 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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 2024, Sunrays of Hope Inc reported income of $175k and spending of $175k, spending 100% of its income. Across the 2 years on record, from June 2022 to June 2024, income grew from $138k to $175k (+27%), an average of +27% a year. The sharpest change came in the year to June 2024, when income rose by 27%. Over the whole period it spent 89% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Sunrays of Hope Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 53rd percentile within CA. Charities of a similar size with the same main cause include Together We Can Community Resource Center Inc ($175k), Workforce Connect ($175k) and Fells Point Main Street Inc ($175k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $96k against liabilities of $0, net assets of $96k.