Rise El Dorado

Analysis

Rise El Dorado is a registered charity in United States, based in El Dorado, KS. It received its IRS tax-exemption ruling in December 2008, 18 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 2022, Rise El Dorado reported income of $307k and spending of $267k, spending 87% of its income. Across the 2 years on record, from December 2021 to December 2022, income grew from $270k to $307k (+14%), an average of +14% a year. Over the whole period it spent 86% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Rise El Dorado sits at the 47th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 62nd percentile within KS. Charities of a similar size with the same main cause include WS Housing Development Fund Company Inc ($307k), Wecgod II Inc ($307k) and Martin Luther King Housing Development Association ($307k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $89k (33% of expenses). At year end it held assets of $193k against liabilities of $0, net assets of $193k. It reported 4 employees.