The Raise Foundation

Analysis

The Raise Foundation is a registered charity in United States, based in Tustin, CA. It received its IRS tax-exemption ruling in August 1987, 39 years ago. 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, The Raise Foundation reported income of $1.3m and spending of $1.0m, leaving 21% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.6m to $1.3m (-16%), an average of -4.4% a year. The sharpest change came in the year to June 2021, when income dropped by 59%. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Raise Foundation sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 83rd percentile within CA. Charities of a similar size with the same main cause include The Family Place Incorporated ($1.3m), Desert View Learning Center ($1.3m) and Denver South Transportation Management Association ($1.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 6.1% and program service revenue 62% of the total. Compensation of current officers, directors and key employees was $105k (10% of expenses). Other salaries and wages came to $526k. At year end it held assets of $1.0m against liabilities of $81k, net assets of $953k. It reported 12 employees.