Rise Above Foundation

Analysis

Rise Above Foundation is a registered charity in United States, based in Northbridge, MA. It received its IRS tax-exemption ruling in April 2010, 16 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2024, Rise Above Foundation reported income of $730k and spending of $912k, spending 125% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $549k to $730k (+33%), an average of +7.4% a year. The sharpest change came in the year to June 2022, when income rose by 42%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Rise Above Foundation sits at the 71st percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 75th percentile within MA. Charities of a similar size with the same main cause include Food Lifeline Foundation ($730k), Black Entertainment and Sports Lawyers Association Inc ($730k) and Cleveland Child Care Inc ($730k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 91% of the total. Compensation of current officers, directors and key employees was $90k (9.9% of expenses). Other salaries and wages came to $122k. At year end it held assets of $315k against liabilities of $32k, net assets of $283k. It reported 4 employees.