Raise 28

Analysis

Raise 28 is a registered charity in United States, based in Mount Joy, PA. It received its IRS tax-exemption ruling in August 1993, 33 years ago. 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, Raise 28 reported income of $354k and spending of $345k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $372k to $354k (-4.8%), an average of -1.2% a year. The sharpest change came in the year to December 2021, when income rose by 41%. Over the whole period it spent 80% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Raise 28 sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 63rd percentile within PA. Charities of a similar size with the same main cause include Spartanburg Art Museum ($354k), Bay Area Organizing Committee ($354k) and Meadowlark Service League ($354k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% of the total. Compensation of current officers, directors and key employees was $75k (22% of expenses). Other salaries and wages came to $117k. At year end it held assets of $1.3m against liabilities of $6,547, net assets of $1.3m. It reported 7 employees.