Sunrise Community of Polk County Inc

Analysis

Sunrise Community of Polk County Inc is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in September 1996, 30 years ago. 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 Community of Polk County Inc reported income of $4.5m and spending of $4.0m, spending 88% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.5m to $4.5m (+27%), an average of +6.2% a year. The sharpest change came in the year to June 2023, when income rose by 46%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Sunrise Community of Polk County Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 93rd percentile within FL. Charities of a similar size with the same main cause include Child Care Council of Greater Houston Inc ($4.5m), Mercy Foundation Inc ($4.5m) and Garrett Williamson ($4.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 22% and program service revenue 78% of the total. Other salaries and wages came to $2.7m. At year end it held assets of $839k against liabilities of $624k, net assets of $215k. It reported 102 employees.