Power Rising

Analysis

Power Rising is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in January 2020, 6 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Power Rising reported income of $114k and spending of $81k, leaving 29% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $117k to $114k (-2.4%), an average of -0.6% a year. The sharpest change came in the year to December 2022, when income rose by 285%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Power Rising sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 21st percentile within DC. Charities of a similar size with the same main cause include Pine-Richland Unified Booster Organization ($114k), Mahler Foundation ($114k) and Elite Academy Scholarship Fund ($114k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $81k against liabilities of $0, net assets of $81k.