Rise 5280

Analysis

Rise 5280 is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in September 2024, 2 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Rise 5280 reported income of $178k and spending of $213k, spending 120% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income grew from $120k to $178k (+48%), an average of +48% a year. The sharpest change came in the year to June 2023, when income rose by 48%. Over the whole period it spent 96% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Rise 5280 sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 47th percentile within CO. Charities of a similar size with the same main cause include Ichamps ($178k), Naperville Noon Lions Foundation ($178k) and Dominico American Society of Queens Inc ($178k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $7,333 (3.4% of expenses). At year end it held assets of $1 against liabilities of $0, net assets of $1. It reported 1 employees.