Northrise University Initiative

Analysis

Northrise University Initiative is a registered charity in United States, based in Belton, TX. It received its IRS tax-exemption ruling in December 2000, 26 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Northrise University Initiative reported income of $2.7m and spending of $3.6m, spending 134% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $4.0m to $2.7m (-33%), an average of -9.4% a year. The sharpest change came in the year to December 2021, when income rose by 58%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Northrise University Initiative sits at the 85th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 91st percentile within TX. Charities of a similar size with the same main cause include Grace Christian School Inc ($2.7m), Our Pride Academy Inc ($2.7m) and Monica Ros School ($2.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $89k (2.5% of expenses). Other salaries and wages came to $302k. At year end it held assets of $1.5m against liabilities of $81k, net assets of $1.4m. It reported 8 employees.