Sunrise Academy

Analysis

Sunrise Academy is a registered charity in United States, based in Addison, IL. It received its IRS tax-exemption ruling in June 2009, 17 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Sunrise Academy reported income of $57k and spending of $83k, spending 147% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $85k to $57k (-33%), an average of -33% a year. The sharpest change came in the year to December 2023, when income dropped by 33%. Over the whole period it spent 119% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Sunrise Academy sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 24th percentile within IL. Charities of a similar size with the same main cause include Celebration City Communitydevelopement Corporation ($57k), Omnilore Learning-In-Retirement Inc ($57k) and Simley High School Girls Hockey ($57k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $1,030 against liabilities of $131k, net assets of -$130k.