Sunrise Bluff Estates Inc

Analysis

Sunrise Bluff Estates Inc is a registered charity in United States, based in Fort Benton, MT. It received its IRS tax-exemption ruling in November 1965, 61 years ago. 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 Bluff Estates Inc reported income of $461k and spending of $488k, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $435k to $461k (+6.1%), an average of +1.5% a year. Over the whole period it spent 107% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Sunrise Bluff Estates Inc 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 70th percentile within MT. Charities of a similar size with the same main cause include NCR of Queensbury Housing Development Fund Co ($461k), Sand Lake Volunteer Fire Department ($461k) and Hope Inc ($461k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.9% and program service revenue 98% of the total. Other salaries and wages came to $115k. At year end it held assets of $395k against liabilities of $310k, net assets of $85k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.