R2ise Inc
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
Where the income comes from
- Contributions & grants 96%
- Program services 1.7%
- Other 2.4%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Chico Velo Cycling Club | Chico | $376k |
| American Friends of the London Philharmonic Orchestra | New York | $376k |
| Institute of Transportation Engineers Educational Foundation | Washington | $376k |
| Shoals Entrepreneurial Center Inc | Florence | $376k |