Rise Up Academy

Analysis

Rise Up Academy is a registered charity in United States, based in Everett, WA. It received its IRS tax-exemption ruling in August 1964, 62 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 June 2023, Rise Up Academy reported income of $1.2m and spending of $1.1m, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $547k to $1.2m (+116%), an average of +21% a year. The sharpest change came in the year to June 2022, when income rose by 39%. 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 Up Academy 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 81st percentile within WA. Charities of a similar size with the same main cause include Inside-Outside Circle Foundation ($1.2m), A Womans Haven Inc ($1.2m) and Alpena Area Senior Citizens Council Inc ($1.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 31% and program service revenue 62% of the total. Compensation of current officers, directors and key employees was $75k (6.7% of expenses). Other salaries and wages came to $589k. At year end it held assets of $645k against liabilities of $147k, net assets of $498k. It reported 17 employees.