Raised the Floor Alliance

Analysis

Raised the Floor Alliance is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in January 2008, 18 years ago. Its declared purposes cover crime and legal-related, which this site groups under human rights and equality. 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 June 2023, Raised the Floor Alliance reported income of $1.2m and spending of $1.3m, spending 109% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.0m to $1.2m (+12%), an average of +2.8% a year. The sharpest change came in the year to June 2020, when income rose by 67%. Over the whole period it spent 109% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Raised the Floor Alliance sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 80th percentile within IL. Charities of a similar size with the same main cause include Arizona Adverse Childhood Experiences Consortium Inc ($1.2m), Bonafide Inc ($1.2m) and Cape Organization for Rights of the Disabled Inc ($1.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 58% and program service revenue 42% of the total. Other salaries and wages came to $658k. At year end it held assets of $339k against liabilities of $28k, net assets of $311k. It reported 13 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.