Rise Ministries Inc

Analysis

Rise Ministries Inc is a registered charity in United States, based in Sheldon, IA. It received its IRS tax-exemption ruling in July 2001, 25 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 September 2023, Rise Ministries Inc reported income of $1.3m and spending of $1.3m, spending 98% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $769k to $1.3m (+74%), an average of +15% a year. The sharpest change came in the year to September 2023, when income rose by 30%. Over the whole period it spent 89% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Rise Ministries Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 84th percentile within IA. Charities of a similar size with the same main cause include Friendshipworks Inc ($1.3m), Mosdot Beth Yaakov ($1.3m) and Time Out Youth ($1.3m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 73% and program service revenue 25% of the total. Compensation of current officers, directors and key employees was $94k (7.2% of expenses). Other salaries and wages came to $188k. At year end it held assets of $1.5m against liabilities of $641k, net assets of $824k. It reported 11 employees.