Together We Rise Corporation

Analysis

Together We Rise Corporation is a registered charity in United States, based in Brea, CA. It received its IRS tax-exemption ruling in March 2009, 17 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Together We Rise Corporation reported income of $12.0m and spending of $12.4m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $6.2m to $12.0m (+95%), an average of +18% a year. The sharpest change came in the year to December 2020, when income rose by 63%. Over the whole period it spent 92% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Together We Rise Corporation sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within CA. Charities of a similar size with the same main cause include Ed Snider Youth Hockey Foundation ($11.9m), Coastal Athletic Association ($12.0m) and Sonoma County Fair & Exposition Inc ($11.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 63% of the total. Compensation of current officers, directors and key employees was $394k (3.2% of expenses). Other salaries and wages came to $2.7m. At year end it held assets of $17.8m against liabilities of $5.5m, net assets of $12.3m. It reported 70 employees.