Rise Corp

Analysis

Rise Corp is a registered charity in United States, based in Fort Gibson, OK. It received its IRS tax-exemption ruling in August 2015, 11 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, Rise Corp reported income of $190k and spending of $343k, spending 180% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $336k to $190k (-44%), an average of -13% a year. The sharpest change came in the year to December 2021, when income rose by 84%. Over the whole period it spent 104% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Rise Corp sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 54th percentile within OK. Charities of a similar size with the same main cause include Mission India Super Thrift ($190k), Heroes Supporting Heroes ($190k) and Newton Community Partnership Inc ($190k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% and program service revenue 12% of the total. Compensation of current officers, directors and key employees was $53k (16% of expenses). Other salaries and wages came to $148k. At year end it held assets of $268k against liabilities of $189k, net assets of $79k. It reported 13 employees.