Raiseup Families

Analysis

Raiseup Families is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in February 1995, 31 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 June 2024, Raiseup Families reported income of $974k and spending of $1.0m, spending 106% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $434k to $974k (+125%), an average of +22% a year. The sharpest change came in the year to June 2021, when income rose by 98%. Over the whole period it spent 106% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Raiseup Families sits at the 75th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 83rd percentile within TX. Charities of a similar size with the same main cause include P2l Inc ($974k), Growers Inc ($974k) and Appletons Community Child Care Center Incorporated ($974k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 104% of the total. Compensation of current officers, directors and key employees was $103k (10.0% of expenses). Other salaries and wages came to $336k. At year end it held assets of $535k against liabilities of $347k, net assets of $188k. It reported 7 employees.