Rise Ministry Community Development Center

Analysis

Rise Ministry Community Development Center is a registered charity in United States, based in Cleveland, OH. It received its IRS tax-exemption ruling in March 2019, 7 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Rise Ministry Community Development Center reported income of $105k and spending of $101k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $87k to $105k (+21%), an average of +4.8% a year. The sharpest change came in the year to December 2022, when income rose by 57%. Over the whole period it spent 89% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Rise Ministry Community Development Center sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 38th percentile within OH. Charities of a similar size with the same main cause include Commission Fields ($105k), Generations International Ministry Inc ($105k) and Gabriel Heymans Ministries Inc ($105k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 0.3% of the total. Compensation of current officers, directors and key employees was $6,000 (5.9% of expenses). At year end it held assets of $542k against liabilities of $6,600, net assets of $536k.