Raisestem

Analysis

Raisestem is a registered charity in United States, based in Kettering, OH. It received its IRS tax-exemption ruling in June 2021, 5 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Raisestem reported income of $91k and spending of $91k, spending 100% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $66k to $91k (+37%), an average of +37% a year. The sharpest change came in the year to June 2024, when income rose by 37%. Over the whole period it spent 86% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Raisestem sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 35th percentile within OH. Charities of a similar size with the same main cause include Restored ($91k), Big Walnut Lacrosse Inc ($91k) and Visalia Police Activities League Inc ($91k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 69% and program service revenue 15% of the total. At year end it held assets of $46k against liabilities of $0, net assets of $46k.