Sunburst Acres Inc

Analysis

Sunburst Acres Inc is a registered charity in United States, based in Roseau, MN. It received its IRS tax-exemption ruling in July 1994, 32 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Sunburst Acres Inc reported income of $130k and spending of $126k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $123k to $130k (+5.0%), an average of +1.2% a year. Over the whole period it spent 94% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Sunburst Acres Inc 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 44th percentile, and in the 41st percentile within MN. Charities of a similar size with the same main cause include Ken-Crest Housing Pa II Inc ($130k), Her Place ($130k) and Roselawn Manor Inc ($130k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 99% of the total. At year end it held assets of $462k against liabilities of $545k, net assets of -$83k.