Rise Up Foundation

Analysis

Rise Up Foundation is a registered charity in United States, based in McHenry, IL. It received its IRS tax-exemption ruling in February 2020, 6 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Rise Up Foundation reported income of $75k and spending of $541k, spending 722% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $249k to $75k (-70%), an average of -45% a year. The sharpest change came in the year to December 2022, when income rose by 123%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Rise Up Foundation sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 31st percentile within IL. Charities of a similar size with the same main cause include Blowing Rock Cares Food Pantry ($75k), Imani Bridges ($75k) and Fishtown Playschool ($75k).

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 $584k against liabilities of $589k, net assets of -$4,432.