Rise Education System

Analysis

Rise Education System is a registered charity in United States, based in San Jose, CA. It received its IRS tax-exemption ruling in July 2021, 5 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 July 2023, Rise Education System reported income of $2.9m and spending of $3.3m, spending 114% of what it took in. Across the 4 years on record, from July 2020 to July 2023, income grew from $2.0m to $2.9m (+46%), an average of +14% a year. The sharpest change came in the year to July 2022, when income rose by 145%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Rise Education System sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within CA. Charities of a similar size with the same main cause include Frankford Valley Foundation for Literacy II ($2.9m), Fort Collins Montessori School ($2.9m) and Oak Mountain Academy Inc ($2.9m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 35% and program service revenue 63% of the total. Other salaries and wages came to $1.5m. At year end it held assets of $676k against liabilities of $274k, net assets of $403k.