Rising Above Ministries

Analysis

Rising Above Ministries is a registered charity in United States, based in Cookeville, TN. It received its IRS tax-exemption ruling in June 2006, 20 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Rising Above Ministries reported income of $278k and spending of $423k, spending 152% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $311k to $278k (-11%), an average of -2.8% a year. Over the whole period it spent 105% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Rising Above Ministries sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 61st percentile within TN. Charities of a similar size with the same main cause include His Way Resources Inc ($278k), Servants Hearts Ministries Inc ($278k) and St Francis of Assisi Parish CHRTBL Foundation Inc ($278k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 82% and program service revenue 18% of the total. Compensation of current officers, directors and key employees was $98k (23% of expenses). Other salaries and wages came to $168k. At year end it held assets of $140k against liabilities of $0, net assets of $140k. It reported 5 employees.