Rise Beyond the Reef

Analysis

Rise Beyond the Reef is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in June 2015, 11 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Rise Beyond the Reef reported income of $419k and spending of $385k, spending 92% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $373k to $419k (+12%), an average of +6.0% a year. The sharpest change came in the year to December 2022, when income rose by 16%. Over the whole period it spent 98% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Rise Beyond the Reef sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 66th percentile within WA. Charities of a similar size with the same main cause include Strategies for International Development ($419k), House on the Hill Inc ($419k) and USA Springs of Hope Foundation Inc ($418k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 8.4% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $76k (20% of expenses). At year end it held assets of $37k against liabilities of $0, net assets of $37k.