Rise Economy

Analysis

Rise Economy is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in June 1992, 34 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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 Economy reported income of $3.0m and spending of $2.8m, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.2m to $3.0m (+40%), an average of +8.8% a year. The sharpest change came in the year to December 2021, when income rose by 167%. Over the whole period it spent 83% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Rise Economy sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within CA. Charities of a similar size with the same main cause include California Youth Connection ($3.0m), Montessori Discovery of the Child Foundation Inc ($3.0m) and North Hills Community Outreach Inc ($3.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $985k (35% of expenses). Other salaries and wages came to $822k. At year end it held assets of $3.8m against liabilities of $130k, net assets of $3.6m. It reported 22 employees.