Rise Charter School Inc

Analysis

Rise Charter School Inc is a registered charity in United States, based in Kimberly, ID. It received its IRS tax-exemption ruling in September 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 2024, Rise Charter School Inc reported income of $1.9m and spending of $1.8m, spending 96% of its income. Across the 3 years on record, from June 2022 to June 2024, income grew from $1.6m to $1.9m (+17%), an average of +8.1% a year. The sharpest change came in the year to June 2024, when income rose by 18%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Rise Charter School Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 88th percentile within ID. Charities of a similar size with the same main cause include Tenn-Share ($1.9m), Hunger Action Los Angeles ($1.9m) and Hope Creek Academy Inc ($1.9m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $100k (5.4% of expenses). Other salaries and wages came to $906k. At year end it held assets of $2.6m against liabilities of $2.6m, net assets of -$5,289. It reported 57 employees.