Jefferson Rise Inc

Analysis

Jefferson Rise Inc is a registered charity in United States, based in Harvey, LA. It received its IRS tax-exemption ruling in February 2015, 11 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Jefferson Rise Inc reported income of $11.1m and spending of $11.0m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.7m to $11.1m (+135%), an average of +24% a year. The sharpest change came in the year to June 2021, when income rose by 45%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Jefferson Rise Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within LA. Charities of a similar size with the same main cause include Great River School ($11.1m), Aileron Corp ($11.1m) and Hargrave Military Academy ($11.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $285k (2.6% of expenses). Other salaries and wages came to $4.8m. At year end it held assets of $19.5m against liabilities of $17.9m, net assets of $1.6m. It reported 140 employees.