Sunrise Community Inc

Analysis

Sunrise Community Inc is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in September 1989, 37 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Sunrise Community Inc reported income of $113.4m and spending of $106.6m, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $74.6m to $113.4m (+52%), an average of +11% a year. The sharpest change came in the year to June 2023, when income rose by 41%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Sunrise Community Inc sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within FL. Charities of a similar size with the same main cause include Melmark Inc ($112.8m), Bronxworks Inc ($113.5m) and International Food Policy Research Institute ($112.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.4% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $879k (0.8% of expenses). Other salaries and wages came to $68.4m. At year end it held assets of $30.9m against liabilities of $15.3m, net assets of $15.7m. It reported 1,837 employees.