Lift to Rise

Analysis

Lift to Rise is a registered charity in United States, based in Palm Desert, CA. It received its IRS tax-exemption ruling in March 2019, 7 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Lift to Rise reported income of $34.5m and spending of $17.9m, leaving 48% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.2m to $34.5m (+1455%), an average of +99% a year. The sharpest change came in the year to June 2021, when income rose by 1288%. Over the whole period it spent 85% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Lift to Rise sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within CA. Charities of a similar size with the same main cause include Helping Hands Ministries Inc ($34.5m), Palm Beach County Food Bank Inc ($34.5m) and Homewood Living Plum Creek Inc ($34.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% and program service revenue 2.4% of the total. Compensation of current officers, directors and key employees was $278k (1.6% of expenses). Other salaries and wages came to $2.4m. At year end it held assets of $18.5m against liabilities of $958k, net assets of $17.5m. It reported 56 employees.