Rise Education Schools Inc

Analysis

Rise Education Schools Inc is a registered charity in United States, based in West Palm Beach, FL. It received its IRS tax-exemption ruling in September 2007, 19 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Rise Education Schools Inc reported income of $3.2m and spending of $3.4m, spending 107% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.7m to $3.2m (+19%), an average of +4.5% a year. The sharpest change came in the year to June 2021, when income rose by 16%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Rise Education Schools Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 91st percentile within FL. Charities of a similar size with the same main cause include Gloria Deo Academy Inc ($3.2m), Hill School of Fort Worth Inc ($3.2m) and The Institute of Buddhist Studies Inc ($3.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 89% and program service revenue 11% of the total. Other salaries and wages came to $1.8m. At year end it held assets of $1.2m against liabilities of $812k, net assets of $371k. It reported 22 employees.