On the Rise Community Development Inc

Analysis

On the Rise Community Development Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in January 2023, 3 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, On the Rise Community Development Inc reported income of $1.2m and spending of $1.0m, spending 86% of its income. Across the 2 years on record, from December 2021 to December 2023, income grew from $546k to $1.2m (+114%), an average of +114% a year. The sharpest change came in the year to December 2023, when income rose by 114%. Over the whole period it spent 68% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, On the Rise Community Development Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 84th percentile within GA. Charities of a similar size with the same main cause include Common Roots ($1.2m), St Pius X Early Care and Education Center ($1.2m) and Eldercare Solutions of Ne Pa Inc ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $124k (12% of expenses). Other salaries and wages came to $597k. At year end it held assets of $797k against liabilities of $67k, net assets of $730k. It reported 6 employees.