Fathers Rise Together

Analysis

Fathers Rise Together is a registered charity in United States, based in Duluth, MN. It received its IRS tax-exemption ruling in December 2014, 12 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, Fathers Rise Together reported income of $1.3m and spending of $1.0m, leaving 23% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $282k to $1.3m (+378%), an average of +68% a year. The sharpest change came in the year to December 2021, when income rose by 190%. Over the whole period it spent 78% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Fathers Rise Together sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 82nd percentile within MN. Charities of a similar size with the same main cause include Hamilton County Coalition ($1.3m), Waccamaw Siouan Indian Tribe Inc ($1.3m) and Carriage House of Summit County Inc ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 80% and program service revenue 20% of the total. Compensation of current officers, directors and key employees was $131k (13% of expenses). Other salaries and wages came to $192k. At year end it held assets of $501k against liabilities of $95k, net assets of $406k. It reported 12 employees.