Sunrise Rotary Foundation

Analysis

Sunrise Rotary Foundation is a registered charity in United States, based in Cleveland, TN. It received its IRS tax-exemption ruling in July 2007, 19 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 June 2024, Sunrise Rotary Foundation reported income of $103k and spending of $128k, spending 125% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income grew from $74k to $103k (+39%), an average of +39% a year. The sharpest change came in the year to June 2024, when income rose by 39%. Over the whole period it spent 139% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Sunrise Rotary Foundation sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 37th percentile within TN. Charities of a similar size with the same main cause include Portland Community Fund Association ($103k), NJ Fed of Mont Womens Club Inc ($103k) and Listerhill Foundation ($103k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $1 against liabilities of $0, net assets of $1.