Arise Foundation Inc

Analysis

Arise Foundation Inc is a registered charity in United States, based in Syracuse, NY. It received its IRS tax-exemption ruling in July 2012, 14 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Arise Foundation Inc reported income of $484k and spending of $335k, leaving 31% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $357k to $484k (+36%), an average of +7.9% a year. The sharpest change came in the year to June 2022, when income rose by 259%. Over the whole period it spent 88% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Arise Foundation Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 66th percentile within NY. Charities of a similar size with the same main cause include R S Hoyt Jr Family Foundation ($484k), Northbrook Civic Foundation ($485k) and United Way of Southwest Minnesota ($484k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $900k against liabilities of $184k, net assets of $716k.