Rise University Preparatory

Analysis

Rise University Preparatory is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in September 2016, 10 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Rise University Preparatory reported income of $2.4m and spending of $1.4m, leaving 41% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $675k to $2.4m (+256%), an average of +37% a year. The sharpest change came in the year to June 2023, when income rose by 78%. Over the whole period it spent 77% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Rise University Preparatory 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 Bibliomation Inc ($2.4m), Camden Area Health Education Center Inc ($2.4m) and Randall Park High School ($2.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 3.9% of the total. Other salaries and wages came to $833k. It paid $28k in professional fundraising fees. At year end it held assets of $2.4m against liabilities of $24k, net assets of $2.4m. It reported 15 employees.