American Sunrise-A Nonprofit Community Builder

Analysis

American Sunrise-A Nonprofit Community Builder is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in July 2002, 24 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 December 2022, American Sunrise-A Nonprofit Community Builder reported income of $80k and spending of $59k, leaving 25% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income fell from $351k to $80k (-77%), an average of -39% a year. The sharpest change came in the year to December 2020, when income dropped by 84%. Over the whole period it spent 82% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, American Sunrise-A Nonprofit Community Builder sits at the 18th percentile: it is larger than about 18% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 33rd percentile within TX. Charities of a similar size with the same main cause include Mercy Outreach Ministries V Inc ($80k), Twin Brooks Apartments Inc ($80k) and Cudas Unhooked Inc ($80k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $538k against liabilities of $413k, net assets of $125k.