Sunrise Beach School

Analysis

Sunrise Beach School is a registered charity in United States, based in Olympia, WA. It received its IRS tax-exemption ruling in November 2004, 22 years ago. Its declared purposes cover education, which this site groups under education and training. 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 Beach School reported income of $465k and spending of $434k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $371k to $465k (+25%), an average of +5.8% a year. The sharpest change came in the year to December 2022, when income rose by 23%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Sunrise Beach School sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 67th percentile within WA. Charities of a similar size with the same main cause include Olney Community Library ($465k), Kappa Foundation of Charlotte Inc ($465k) and Conscious Kid ($465k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.1% and program service revenue 87% of the total. Other salaries and wages came to $167k. At year end it held assets of $312k against liabilities of $9,759, net assets of $302k. It reported 18 employees.