Rise Housing and Support Services Inc

Analysis

Rise Housing and Support Services Inc is a registered charity in United States, based in Saratoga SPGS, NY. It received its IRS tax-exemption ruling in December 1976, 50 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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 Housing and Support Services Inc reported income of $12.0m and spending of $10.5m, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $5.1m to $12.0m (+133%), an average of +24% a year. The sharpest change came in the year to December 2023, when income rose by 62%. Over the whole period it spent 94% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Rise Housing and Support Services Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 94th percentile within NY. Charities of a similar size with the same main cause include Highland Health Providers Corp ($12.0m), North Texas Area Community Health Centers Inc ($12.0m) and Apostolic Christian Home Inc ($12.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 45% and program service revenue 48% of the total. Compensation of current officers, directors and key employees was $152k (1.4% of expenses). Other salaries and wages came to $5.2m. At year end it held assets of $9.3m against liabilities of $3.8m, net assets of $5.5m. It reported 166 employees.