Children of the Rising Sun Empowerment Center

Analysis

Children of the Rising Sun Empowerment Center is a registered charity in United States, based in Detroit, MI. It received its IRS tax-exemption ruling in November 2016, 10 years ago. 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, Children of the Rising Sun Empowerment Center reported income of $480k and spending of $545k, spending 114% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $328k to $480k (+46%), an average of +10% a year. The sharpest change came in the year to December 2022, when income rose by 113%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Children of the Rising Sun Empowerment Center sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 70th percentile within MI. Charities of a similar size with the same main cause include Liberty Baptist Housing Authority Inc ($480k), Coalition of Free Men Inc ($480k) and Arts Association of East Alabama ($480k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $277k. At year end it held assets of $152k against liabilities of $31k, net assets of $121k.