Sunrise 2000 Ins

Analysis

Sunrise 2000 Ins is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in September 1996, 30 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Sunrise 2000 Ins reported income of $7.5m and spending of $5.5m, leaving 27% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $6.2m to $7.5m (+23%), an average of +5.2% a year. The sharpest change came in the year to June 2022, when income rose by 18%. Over the whole period it spent 77% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Sunrise 2000 Ins sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within FL. Charities of a similar size with the same main cause include Parkview Services ($7.5m), Homes for Life Foundation ($7.5m) and Huckleberry Youth Programs Inc ($7.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.0% and program service revenue 100% of the total. Other salaries and wages came to $3.6m. At year end it held assets of $2.0m against liabilities of $1.6m, net assets of $423k. It reported 135 employees.