Rise Alliance for Children Inc

Analysis

Rise Alliance for Children Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in February 1998, 28 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Rise Alliance for Children Inc reported income of $2.2m and spending of $2.0m, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.6m to $2.2m (+41%), an average of +9.0% a year. The sharpest change came in the year to December 2023, when income rose by 28%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Rise Alliance for Children Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 84th percentile within NY. Charities of a similar size with the same main cause include Kipp Texas Future Fund ($2.2m), The Guy Fieri Foundation ($2.2m) and Academy Charter School Inc ($2.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 105% of the total. Compensation of current officers, directors and key employees was $197k (9.9% of expenses). Other salaries and wages came to $496k. At year end it held assets of $1.3m against liabilities of $40k, net assets of $1.3m. It reported 4 employees.