Rise Chattanooga

Analysis

Rise Chattanooga is a registered charity in United States, based in Chattanooga, TN. It received its IRS tax-exemption ruling in June 2015, 11 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Rise Chattanooga reported income of $286k and spending of $291k, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $362k to $286k (-21%), an average of -5.7% a year. The sharpest change came in the year to June 2021, when income rose by 146%. Over the whole period it spent 86% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Rise Chattanooga 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 61st percentile, and in the 62nd percentile within TN. Charities of a similar size with the same main cause include Glens Falls Queensbury Historical Association ($286k), West Florida Dance Booster Club Inc ($286k) and Dance Houston ($286k).

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 $345k against liabilities of $1,662, net assets of $343k.