Sunrise Mission Inc

Analysis

Sunrise Mission Inc is a registered charity in United States, based in Alpena, MI. It received its IRS tax-exemption ruling in June 1995, 31 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Sunrise Mission Inc reported income of $393k and spending of $417k, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $577k to $393k (-32%), an average of -9.1% a year. The sharpest change came in the year to December 2020, when income dropped by 39%. Over the whole period it spent 112% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Sunrise Mission Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 66th percentile within MI. Charities of a similar size with the same main cause include Alcy Ball Community Developement ($393k), Volunteers of America Inc ($393k) and Bridge Support Corporation ($393k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 30% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $96k (23% of expenses). Other salaries and wages came to $168k. It paid $109 in professional fundraising fees. At year end it held assets of $973k against liabilities of $8,325, net assets of $964k. It reported 32 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.