Sunrise Workshop Inc

Analysis

Sunrise Workshop Inc is a registered charity in United States, based in Lagrange, IN. It received its IRS tax-exemption ruling in December 2015, 11 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 Workshop Inc reported income of $256k and spending of $260k, spending 102% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $233k to $256k (+9.8%), an average of +3.2% a year. The sharpest change came in the year to December 2020, when income rose by 67%. Over the whole period it spent 87% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Sunrise Workshop Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 58th percentile within IN. Charities of a similar size with the same main cause include Gregory W Moyer Defibrillator Fund ($256k), On Our Own of Howard County Inc ($256k) and Tri-State Bleeding Disorder Foundation ($256k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.4% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $35k (13% of expenses). Other salaries and wages came to $93k. At year end it held assets of $331k against liabilities of $2,640, net assets of $328k. It reported 9 employees.