Sonrise International Inc

Analysis

Sonrise International Inc is a registered charity in United States, based in Owasso, OK. It received its IRS tax-exemption ruling in March 2013, 13 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Sonrise International Inc reported income of $417k and spending of $129k, leaving 69% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $206k to $417k (+102%), an average of +19% a year. The sharpest change came in the year to December 2023, when income rose by 276%. Over the whole period it spent 58% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Sonrise International Inc sits at the 81st percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 68th percentile within OK. Charities of a similar size with the same main cause include Islamic Center of North Kansas City ($417k), Pittsburgh Region International Student Ministries Inc ($417k) and Victory Temple Cogic Highway of Holiness Ministries ($416k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $36k (28% of expenses). At year end it held assets of $421k against liabilities of $817, net assets of $420k.