Rising Sun Wellness Center Inc

Analysis

Rising Sun Wellness Center Inc is a registered charity in United States, based in Sheridan, WY. It received its IRS tax-exemption ruling in November 2020, 6 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, Rising Sun Wellness Center Inc reported income of $159k and spending of $148k, spending 93% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $142k to $159k (+12%), an average of +12% a year. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Rising Sun Wellness Center Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 45th percentile within WY. Charities of a similar size with the same main cause include Herring College Memorial Educational Trust ($159k), Hibernian Society of Charleston Foundation Inc ($159k) and Cimarron Maverick Club ($159k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 0.6% and program service revenue 99% of the total. At year end it held assets of $11k against liabilities of $0, net assets of $11k.