Arise Physical Therapy Inc

Analysis

Arise Physical Therapy Inc is a registered charity in United States, based in Racine, WI. It received its IRS tax-exemption ruling in April 2022, 4 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2023, Arise Physical Therapy Inc reported income of $150k and spending of $156k, spending 104% of its income. Across the 2 years on record, from March 2022 to March 2023, income grew from $82k to $150k (+84%), an average of +84% a year. The sharpest change came in the year to March 2023, when income rose by 84%. Over the whole period it spent 126% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Arise Physical Therapy Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 46th percentile within WI. Charities of a similar size with the same main cause include Apel Health Services Center Inc ($150k), Still Water Individual and Family Therapy Services Inc ($150k) and Medvantage Research Inc ($150k).

On its Form 990-EZ for the period ending March 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $31k against liabilities of $90k, net assets of -$60k.