Sonrise Ministries Inc

Analysis

Sonrise Ministries Inc is a registered charity in United States, based in Middleburg, FL. It received its IRS tax-exemption ruling in January 2010, 16 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2023, Sonrise Ministries Inc reported income of $953k and spending of $960k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $961k to $953k (-0.9%), an average of -0.2% a year. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Sonrise Ministries 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 79th percentile, and in the 81st percentile within FL. Charities of a similar size with the same main cause include Crystal Run Village Inc ($953k), Uma Center Inc ($953k) and Mississippi Families for Kids ($952k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $43k. At year end it held assets of $128k against liabilities of $53k, net assets of $75k. It reported 2 employees.