Sunrise Manor

Analysis

Sunrise Manor is a registered charity in United States, based in Sioux City, IA. It received its IRS tax-exemption ruling in March 1958, 68 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Sunrise Manor reported income of $14.1m and spending of $14.9m, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $9.8m to $14.1m (+44%), an average of +9.5% a year. Over the whole period it spent 106% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Sunrise Manor sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within IA. Charities of a similar size with the same main cause include Brandon Residential Treatment Center Inc ($14.1m), Unitypoint Health at Work ($14.1m) and Human Development Services of Westchester ($14.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.8% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $293k (2.0% of expenses). Other salaries and wages came to $7.0m. At year end it held assets of $22.6m against liabilities of $27.2m, net assets of -$4.6m. It reported 356 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.