Rise Project of the Carolinas

Analysis

Rise Project of the Carolinas is a registered charity in United States, based in Mint Hill, NC. It received its IRS tax-exemption ruling in October 2009, 17 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Rise Project of the Carolinas reported income of $333k and spending of $364k, spending 109% of what it took in. Across the 2 years on record, from December 2021 to December 2022, income grew from $278k to $333k (+20%), an average of +20% a year. The sharpest change came in the year to December 2022, when income rose by 20%. Over the whole period it spent 97% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Rise Project of the Carolinas sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 62nd percentile within NC. Charities of a similar size with the same main cause include The Eye Cancer Foundation Inc ($333k), Open Door Community Alliance Inc ($333k) and Gillette Reproductive Health ($333k).

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 $69k (19% of expenses). Other salaries and wages came to $164k. At year end it held assets of $34k against liabilities of $32k, net assets of $1,644.