Rise Inc

Analysis

Rise Inc is a registered charity in United States, based in Mesa, AZ. It received its IRS tax-exemption ruling in October 1988, 38 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, Rise Inc reported income of $127.7m and spending of $127.8m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $73.7m to $127.7m (+73%), an average of +15% a year. The sharpest change came in the year to December 2020, when income rose by 36%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Rise Inc sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within AZ. Charities of a similar size with the same main cause include Associated Catholic Charities Inc ($127.6m), Mind Oc ($127.9m) and Misericordia Home ($127.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.5% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $4.6m (3.6% of expenses). Other salaries and wages came to $76.4m. At year end it held assets of $84.2m against liabilities of $35.5m, net assets of $48.7m. It reported 4,843 employees.