Sunrise Child Care Inc

Analysis

Sunrise Child Care Inc is a registered charity in United States, based in Wellman, IA. It received its IRS tax-exemption ruling in December 1990, 36 years ago. 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 Child Care Inc reported income of $386k and spending of $435k, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $428k to $386k (-9.8%), an average of -2.5% a year. The sharpest change came in the year to December 2021, when income rose by 46%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Sunrise Child Care Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 68th percentile within IA. Charities of a similar size with the same main cause include American Southwestern Railway Association Inc ($386k), International Gymnastives Association Inc ($386k) and Steward School Foundation ($386k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.9% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $45k (10% of expenses). Other salaries and wages came to $199k. At year end it held assets of $174k against liabilities of $1,791, net assets of $172k. It reported 30 employees.