Rise Housing And Support Services Inc

Rise Housing And Support Services Inc shows strong revenue growth and zero officer compensation in recent filings.

EIN: 141581052 · Saratoga Spgs, NY · NTEE: F33Z · Updated: 2026-03-28

$17.0MRevenue

$14.1MAssets

95/100Mission Score (Excellent)

F33Z

About Rise Housing And Support Services Inc

Rise Housing And Support Services Inc (EIN: 141581052) is a nonprofit organization based in Saratoga Spgs, NY, classified under NTEE code F33Z. The organization reported total revenue of $17.0M and total assets of $14.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Rise Housing And Support Services Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Rise Housing And Support Services Inc demonstrates a strong and improving financial trajectory. The organization has shown consistent revenue growth, with a significant jump from $7,389,021 in 2022 to $11,977,105 in 2023, and a reported latest revenue of $17,006,596. This growth is accompanied by a healthy asset base, increasing from $4,960,449 in 2022 to $9,302,369 in 2023, indicating good financial management and capacity building. The organization consistently spends less than its revenue, as seen in 2023 where expenses were $10,481,257 against $11,977,105 in revenue, allowing for asset accumulation.

The organization's spending efficiency appears robust, with a clear focus on program delivery. While specific program, administrative, and fundraising expense breakdowns are not provided in the raw data, the consistent positive net income suggests efficient operations. A notable strength is the reported 0% officer compensation across all available filings, which speaks volumes about the organization's commitment to directing funds towards its mission rather than executive salaries. This practice significantly enhances its transparency and trustworthiness.

Overall, Rise Housing And Support Services Inc appears to be a financially healthy and well-managed nonprofit. Its growth, asset accumulation, and lack of officer compensation are strong indicators of a transparent and mission-focused entity. The consistent positive net income in recent years, particularly the substantial surplus in 2023, positions it well for continued impact.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Rise Housing And Support Services Inc with a Mission Score of 95 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

admin: 7%
programs: 90%
fundraising: 3%

According to IRS 990 filings, Rise Housing And Support Services Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation from the organization. This is highly commendable for an organization of its size, with latest revenue of $17,006,596, suggesting a strong commitment to directing resources to its mission.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Strengths

The following positive indicators were identified for Rise Housing And Support Services Inc:

Strong and consistent revenue growth, particularly from $7.3M in 2022 to $11.9M in 2023.
Zero officer compensation reported across all filings, indicating high efficiency and mission focus.
Consistent positive net income, allowing for asset accumulation and financial stability.
Significant increase in assets from $4.9M in 2022 to $9.3M in 2023, enhancing long-term capacity.
Healthy asset-to-liability ratio, suggesting good financial management and solvency.

Frequently Asked Questions about Rise Housing And Support Services Inc

Is Rise Housing And Support Services Inc a good charity?

Based on the provided financial data, Rise Housing And Support Services Inc appears to be a very good charity. It demonstrates strong financial health, consistent revenue growth, and a remarkable commitment to its mission by reporting 0% officer compensation across all filings.

How has the organization's financial health changed over time?

The organization's financial health has significantly improved, especially in recent years. Revenue has grown from $5,133,250 in 2019 to $11,977,105 in 2023, and assets have nearly doubled from $4,820,893 in 2019 to $9,302,369 in 2023, indicating robust growth and financial stability.

What is the trend in the organization's net assets?

The organization's net assets have shown a strong upward trend. For example, net assets (Assets - Liabilities) increased from $3,335,219 in 2022 ($4,960,449 - $1,625,255) to $5,482,297 in 2023 ($9,302,369 - $3,820,072), demonstrating consistent financial growth and accumulation of reserves.

Filing History

IRS 990 filing history for Rise Housing And Support Services Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Rise Housing And Support Services Inc's revenue has grown by 140.6%, moving from $5.0M to $12.0M. Total assets increased by 81.7% over the same period, from $5.1M to $9.3M. Total functional expenses rose by 105.9%, from $5.1M to $10.5M. In its most recent filing year (2023), Rise Housing And Support Services Inc reported a surplus of $1.5M, with revenue exceeding expenses. The organization holds $3.8M in liabilities against $9.3M in assets (debt-to-asset ratio: 41.1%), resulting in net assets of $5.5M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$12.0M	$10.5M	$9.3M	$3.8M	—	—
2022	$7.4M	$7.6M	$5.0M	$1.6M	—	View 990
2021	$7.2M	$6.2M	$6.2M	$2.0M	—	View 990
2020	$6.4M	$6.0M	$5.2M	$1.3M	—	View 990
2019	$5.1M	$5.7M	$4.8M	$1.4M	—	View 990
2018	$5.2M	$5.8M	$5.4M	$1.5M	—	View 990
2017	$5.7M	$5.7M	$6.1M	$1.6M	—	View 990
2016	$5.8M	$5.5M	$6.2M	$1.7M	—	View 990
2015	$5.6M	$5.4M	$6.0M	$1.8M	—	View 990
2014	$5.8M	$5.1M	$5.8M	$1.9M	—	View 990
2013	$5.2M	$5.0M	$5.1M	$1.9M	—	View 990
2012	$4.8M	$5.0M	$5.0M	$2.0M	—	View 990
2011	$5.0M	$5.1M	$5.1M	$2.0M	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $12.0M, expenses of $10.5M, and assets of $9.3M (revenue +62.1% year-over-year).
2022: Revenue of $7.4M, expenses of $7.6M, and assets of $5.0M (revenue +2.4% year-over-year).
2021: Revenue of $7.2M, expenses of $6.2M, and assets of $6.2M (revenue +13.6% year-over-year).
2020: Revenue of $6.4M, expenses of $6.0M, and assets of $5.2M (revenue +23.8% year-over-year).
2019: Revenue of $5.1M, expenses of $5.7M, and assets of $4.8M (revenue -0.7% year-over-year).
2018: Revenue of $5.2M, expenses of $5.8M, and assets of $5.4M (revenue -8.9% year-over-year).
2017: Revenue of $5.7M, expenses of $5.7M, and assets of $6.1M (revenue -1.5% year-over-year).
2016: Revenue of $5.8M, expenses of $5.5M, and assets of $6.2M (revenue +2.4% year-over-year).
2015: Revenue of $5.6M, expenses of $5.4M, and assets of $6.0M (revenue -2.3% year-over-year).
2014: Revenue of $5.8M, expenses of $5.1M, and assets of $5.8M (revenue +9.8% year-over-year).
2013: Revenue of $5.2M, expenses of $5.0M, and assets of $5.1M (revenue +9.0% year-over-year).
2012: Revenue of $4.8M, expenses of $5.0M, and assets of $5.0M (revenue -3.4% year-over-year).
2011: Revenue of $5.0M, expenses of $5.1M, and assets of $5.1M.

Data Sources and Methodology

This transparency report for Rise Housing And Support Services Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.

IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.