Raising Expectations Inc

Analysis

Raising Expectations Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in March 2001, 25 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, Raising Expectations Inc reported income of $1.2m and spending of $1.0m, spending 90% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $580k to $1.2m (+99%), an average of +19% a year. The sharpest change came in the year to June 2022, when income rose by 37%. Over the whole period it spent 86% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Raising Expectations Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 84th percentile within GA. Charities of a similar size with the same main cause include Flywheel Fund for Career Choice ($1.2m), Privett Academy ($1.2m) and Cedar Valley Montessori School Inc ($1.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% and program service revenue 0.6% of the total. Compensation of current officers, directors and key employees was $130k (13% of expenses). Other salaries and wages came to $496k. At year end it held assets of $1.2m against liabilities of $588k, net assets of $653k. It reported 64 employees.