Sunrise Enterprises of Roseburg Inc

Analysis

Sunrise Enterprises of Roseburg Inc is a registered charity in United States, based in Roseburg, OR. It received its IRS tax-exemption ruling in June 1972, 54 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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 2023, Sunrise Enterprises of Roseburg Inc reported income of $2.5m and spending of $2.1m, spending 83% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $4.1m to $2.5m (-39%), an average of -12% a year. The sharpest change came in the year to June 2022, when income dropped by 49%. Over the whole period it spent 107% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Sunrise Enterprises of Roseburg Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within OR. Charities of a similar size with the same main cause include Connector Park Foundation Inc ($2.5m), Urban Core Collective ($2.5m) and Tri Industries NFP ($2.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 83% and program service revenue 2.7% of the total. Compensation of current officers, directors and key employees was $144k (6.9% of expenses). Other salaries and wages came to $1.0m. At year end it held assets of $6.0m against liabilities of $2.6m, net assets of $3.4m. It reported 175 employees.