Rise Education Fund

Analysis

Rise Education Fund is a registered charity in United States, based in Sherman Oaks, CA. It received its IRS tax-exemption ruling in April 2020, 6 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 Education Fund reported income of $2.1m and spending of $2.0m, spending 97% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $1.5m to $2.1m (+40%), an average of +12% a year. The sharpest change came in the year to December 2022, when income rose by 55%. Over the whole period it spent 93% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Rise Education Fund sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within CA. Charities of a similar size with the same main cause include U S Friend of Yad Ezrah ($2.1m), Permission to Start Dreaming Foundation ($2.1m) and Halo Foundation ($2.1m).

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 $546k against liabilities of $0, net assets of $546k.