Coldwater Township Sunrise

Analysis

Coldwater Township Sunrise is a registered charity in United States, based in Coldwater, MI. It received its IRS tax-exemption ruling in June 2009, 17 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Coldwater Township Sunrise reported income of $84k and spending of $30k, leaving 65% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $69k to $84k (+21%), an average of +6.6% a year. The sharpest change came in the year to June 2022, when income rose by 111%. Over the whole period it spent 70% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Coldwater Township Sunrise sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 32nd percentile within MI. Charities of a similar size with the same main cause include Real Hope Center ($84k), North County African American Womens Association Incorporated ($84k) and Focus on the End Times Ministry ($84k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 8.5% of the total. At year end it held assets of $211k against liabilities of $450, net assets of $211k.