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Raising the Bar Inc

RegisteredEIN 36-4943232Milwaukee, WIPoverty relief
Income$130k2023-12
Spending$127ksame year
Spent / received109%2-year average
Size in its cause39th pctPoverty relief
Exempt since2019Publicly supported organisat
Employees–latest return

Analysis

Raising the Bar Inc is a registered charity in United States, based in Milwaukee, WI. It received its IRS tax-exemption ruling in September 2019, 7 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 December 2023, Raising the Bar Inc reported income of $130k and spending of $127k, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $108k to $130k (+21%), an average of +21% a year. The sharpest change came in the year to December 2023, when income rose by 21%. Over the whole period it spent 109% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Raising the Bar Inc sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 43rd percentile within WI. Charities of a similar size with the same main cause include Indian Circle for Caring USA Inc ($130k), Al-Ridwane Muslim Center Inc ($130k) and Cid Inc ($130k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $51k against liabilities of $0, net assets of $51k.

Income and spending

$0$33k$66k$99k$132k2022 Income: $107,7442022 Spending: $131,66420222023 Income: $130,2392023 Spending: $127,4852023
IncomeSpending

Where the income comes from

  • Contributions & grants 100%
  • Other 0.0%

Similar-sized charities, same cause

CharityLocationIncome
Indian Circle for Caring USA IncWaltham$130k
Al-Ridwane Muslim Center IncBronx$130k
Cid IncRichmond$130k
Dairy Council of Michigan IncOkemos$130k