Ryse Inc

Analysis

Ryse Inc is a registered charity in United States, based in Richmond, CA. It received its IRS tax-exemption ruling in February 2008, 18 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Ryse Inc reported income of $9.2m and spending of $6.3m, leaving 31% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $6.0m to $9.2m (+52%), an average of +11% a year. The sharpest change came in the year to June 2021, when income rose by 112%. Over the whole period it spent 51% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Ryse Inc sits at the 99th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within CA. Charities of a similar size with the same main cause include Girl Scouts of Southeastern Michigan ($9.1m), Boys & Girls Clubs of Central Virginia ($9.2m) and 3rd Street Youth Center and Clinic ($9.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 94% and program service revenue 0.9% of the total. Compensation of current officers, directors and key employees was $143k (2.3% of expenses). Other salaries and wages came to $2.5m. At year end it held assets of $30.4m against liabilities of $8.2m, net assets of $22.2m. It reported 51 employees.