Arise Inc

Analysis

Arise Inc is a registered charity in United States, based in Springfield, MA. It received its IRS tax-exemption ruling in June 1987, 39 years ago. 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 2023, Arise Inc reported income of $852k and spending of $595k, leaving 30% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $349k to $852k (+144%), an average of +25% a year. The sharpest change came in the year to December 2023, when income rose by 66%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Arise Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 77th percentile within MA. Charities of a similar size with the same main cause include Natick Pegasus Inc ($852k), Telluride Adaptive Ski Program ($852k) and Habitat for Humanity International ($852k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $277k. At year end it held assets of $313k against liabilities of $25k, net assets of $289k. It reported 7 employees.