Families Rising

Analysis

Families Rising is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in April 1997, 29 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, Families Rising reported income of $2.5m and spending of $2.4m, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.0m to $2.5m (+22%), an average of +5.1% a year. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Families Rising sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 87th percentile within MN. Charities of a similar size with the same main cause include Society of St Vincent de Paul District Council of Fort Myers ($2.5m), Marion County Senior Citizens Center Inc ($2.5m) and The Friendship Foundation ($2.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 81% and program service revenue 19% of the total. Other salaries and wages came to $1.4m. At year end it held assets of $1.5m against liabilities of $301k, net assets of $1.2m. It reported 32 employees.