Rise Concept

Analysis

Rise Concept is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in November 2021, 5 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Rise Concept reported income of $97k and spending of $85k, spending 87% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $76k to $97k (+28%), an average of +28% a year. The sharpest change came in the year to December 2023, when income rose by 28%. Over the whole period it spent 81% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Rise Concept sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 38th percentile within CA. Charities of a similar size with the same main cause include Pineapple Project of Largo ($97k), Community Mission Center ($97k) and Passaic County 200 Club Jersey Nonprofit Corporation ($97k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 7.8% and program service revenue 106% of the total. At year end it held assets of $43k against liabilities of $2,253, net assets of $41k.