Northend Rise Inc

Analysis

Northend Rise Inc is a registered charity in United States, based in Riviera Beach, FL. It received its IRS tax-exemption ruling in February 2019, 7 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 December 2023, Northend Rise Inc reported income of $328k and spending of $452k, spending 138% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $218k to $328k (+51%), an average of +15% a year. The sharpest change came in the year to December 2021, when income rose by 164%. Over the whole period it spent 99% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Northend Rise Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 66th percentile within FL. Charities of a similar size with the same main cause include Corvallis Multicultural Literacy Center ($328k), Mount Desert 365 ($328k) and Archi-Treasures Association ($327k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. Compensation of current officers, directors and key employees was $123k (27% of expenses). Other salaries and wages came to $104k. At year end it held assets of $153k against liabilities of $144k, net assets of $9,317. It reported 3 employees.