Rise Up Industries

Analysis

Rise Up Industries is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in September 2014, 12 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 Up Industries reported income of $2.3m and spending of $1.5m, leaving 34% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $759k to $2.3m (+199%), an average of +31% a year. The sharpest change came in the year to December 2021, when income rose by 97%. Over the whole period it spent 72% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Rise Up Industries sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within CA. Charities of a similar size with the same main cause include Greater Spokane County Meals on Wheels ($2.3m), Lower West Side Household Services Corp ($2.3m) and The Council on Aging of Buncombe County Inc ($2.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 87% of the total. Compensation of current officers, directors and key employees was $203k (14% of expenses). Other salaries and wages came to $860k. At year end it held assets of $4.2m against liabilities of $1.4m, net assets of $2.8m. It reported 28 employees.