Rise Colorado

Analysis

Rise Colorado is a registered charity in United States, based in Aurora, CO. It received its IRS tax-exemption ruling in August 2015, 11 years ago. Its declared purposes cover education, which this site groups under education and training. 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 Colorado reported income of $1.8m and spending of $2.7m, spending 151% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.7m to $1.8m (+7.9%), an average of +1.9% a year. The sharpest change came in the year to June 2022, when income rose by 163%. Over the whole period it spent 56% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Rise Colorado sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 85th percentile within CO. Charities of a similar size with the same main cause include The Arizona Charter Schools Association ($1.8m), Friends of Nova Classical Academy ($1.8m) and Carpinteria Childrens Project ($1.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 87% and program service revenue 8.5% of the total. Compensation of current officers, directors and key employees was $490k (18% of expenses). Other salaries and wages came to $939k. At year end it held assets of $9.3m against liabilities of $81k, net assets of $9.3m. It reported 18 employees.