Raiseup Foundation Inc

Analysis

Raiseup Foundation Inc is a registered charity in United States, based in Boise, ID. It received its IRS tax-exemption ruling in January 2014, 12 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 December 2023, Raiseup Foundation Inc reported income of $60k and spending of $188k, spending 312% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $133k to $60k (-55%), an average of -18% a year. The sharpest change came in the year to December 2021, when income rose by 113%. Over the whole period it spent 274% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Raiseup Foundation Inc sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 20th percentile within ID. Charities of a similar size with the same main cause include Friends of the Museum ($60k), Riverside Sunrise Rotary Foundation ($60k) and Nathalie & Theodore Jones Char TR Fbo Civil Liberties Union of Ma ($60k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% and program service revenue 0.1% of the total. At year end it held assets of $1.2m against liabilities of $4.8m, net assets of -$3.6m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.