Risehi Foundation

Analysis

Risehi Foundation is a registered charity in United States, based in Kailua, HI. It received its IRS tax-exemption ruling in March 2022, 4 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Risehi Foundation reported income of $161k and spending of $103k, leaving 36% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $62k to $161k (+158%), an average of +158% a year. The sharpest change came in the year to December 2023, when income rose by 158%. Over the whole period it spent 58% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Risehi Foundation sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 46th percentile within HI. Charities of a similar size with the same main cause include Historic Preservation Trust of Lancaster County ($161k), Institute for Sustained Attention Inc ($161k) and Haverhill Historical Society ($161k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 76% of the total. At year end it held assets of $94k against liabilities of $0, net assets of $94k.