Rise Resource Center Inc

Analysis

Rise Resource Center Inc is a registered charity in United States, based in Cottonwood, AZ. It received its IRS tax-exemption ruling in June 2020, 6 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Rise Resource Center Inc reported income of $1.7m and spending of $1.5m, spending 89% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $846k to $1.7m (+97%), an average of +25% a year. The sharpest change came in the year to June 2021, when income rose by 40%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Rise Resource Center Inc sits at the 81st percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 82nd percentile within AZ. Charities of a similar size with the same main cause include Dongguk University Los Angeles ($1.7m), Hawaii Investment Ready ($1.7m) and Midlands Middle College ($1.7m).

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 $80k (5.4% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $348k against liabilities of $53k, net assets of $295k. It reported 51 employees.