Rise Relief Inc

Analysis

Rise Relief Inc is a registered charity in United States, based in Plano, TX. It received its IRS tax-exemption ruling in August 2021, 5 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, Rise Relief Inc reported income of $431k and spending of $297k, leaving 31% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $361k to $431k (+20%), an average of +20% a year. The sharpest change came in the year to December 2023, when income rose by 20%. Over the whole period it spent 45% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Rise Relief Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 72nd percentile within TX. Charities of a similar size with the same main cause include Martinsville-Henry County Chambers Partnership for Economic Growth ($431k), Church Community Coalition Inc ($431k) and Technical Training & Safety ($431k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% of the total. At year end it held assets of $443k against liabilities of $0, net assets of $443k.