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R2ise Inc

RegisteredEIN 82-4647512Atlanta, GAOther charitable purposes
Income$376k2023-12
Spending$385ksame year
Spent / received93%5-year average
Size in its cause64th pctOther charitable purposes
Exempt since2018Publicly supported organisat
Employees5latest return

Analysis

R2ise Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in March 2018, 8 years ago. Its declared purposes cover mutual and membership benefit, which this site groups under other charitable purposes. 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, R2ise Inc reported income of $376k and spending of $385k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $275k to $376k (+37%), an average of +8.1% a year. The sharpest change came in the year to December 2020, when income rose by 34%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, R2ise Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 70th percentile within GA. Charities of a similar size with the same main cause include Chico Velo Cycling Club ($376k), American Friends of the London Philharmonic Orchestra ($376k) and Institute of Transportation Engineers Educational Foundation ($376k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 1.7% of the total. Compensation of current officers, directors and key employees was $85k (22% of expenses). Other salaries and wages came to $63k. At year end it held assets of $155k against liabilities of $17k, net assets of $138k. It reported 5 employees.

Income and spending

$0$96k$193k$289k$385k2019 Income: $275,2322019 Spending: $242,25120192020 Income: $369,5842020 Spending: $259,99020202021 Income: $365,5652021 Spending: $341,84920212022 Income: $330,7392022 Spending: $364,72620222023 Income: $375,9242023 Spending: $385,3192023
IncomeSpending

Where the income comes from

  • Contributions & grants 96%
  • Program services 1.7%
  • Other 2.4%

Similar-sized charities, same cause

CharityLocationIncome
Chico Velo Cycling ClubChico$376k
American Friends of the London Philharmonic OrchestraNew York$376k
Institute of Transportation Engineers Educational FoundationWashington$376k
Shoals Entrepreneurial Center IncFlorence$376k