X โ€” Religion-RelatedEIN: 840404924ยท Ruling Year: 1962

We Raise Foundation

Itasca, Illinois

BHealth Score
61B

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Above Average

๐Ÿ’ฐ
$1.2M
Total Revenue
๐Ÿ“Š
$1.5M
Total Expenses
๐Ÿฆ
$10.6M
Net Assets
๐Ÿ“‹
$715K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-26.8%
Year-over-year change (2022 โ†’ 2023)
Net Margin
-31.4%
Revenue minus expenses as % of revenue
Working Capital Ratio
7.03
Net assets divided by total expenses
Liabilities-to-Assets
6.3%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$1,150,845โ†“27%$1,512,373โ†“1%$11,347,585โ†‘5%
2022$1,571,418โ†“31%$1,533,830โ†“21%$10,762,098โ†“15%
2021$2,279,953โ†‘11%$1,933,729โ†“31%$12,669,595โ†‘20%
2020$2,046,100โ†“38%$2,811,362โ†“19%$10,554,514โ†“10%
2019$3,325,932โ†“2%$3,490,744โ†‘2%$11,671,864โ†“7%
2018$3,404,545โ†‘4%$3,438,929โ†‘6%$12,495,898
2017$3,284,449โ†‘15%$3,253,785โ†“15%$12,514,758โ†‘8%
2016$2,846,849โ†“33%$3,849,436โ†‘4%$11,619,081โ†“13%
2015$4,262,364โ†‘16%$3,716,283โ†‘14%$13,416,688
2014$3,684,435โ†“26%$3,261,900โ†‘8%$13,438,493โ†‘17%
2013$4,961,696โ†‘84%$3,007,602โ†“1%$11,533,601โ†‘27%
2012$2,690,245โ†“6%$3,034,106โ†“2%$9,050,423โ†“6%
2011$2,876,346$3,108,331$9,661,152

Frequently Asked Questions

What does We Raise Foundation do?โ–ผ

We Raise Foundation is a religion-related nonprofit organization based in Illinois. It is classified under NTEE code X21Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is We Raise Foundation financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, We Raise Foundation has a score of 61/100 (Grade: B). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does We Raise Foundation generate?โ–ผ

We Raise Foundation reports $2.0M in annual revenue and holds $12.2M in total assets, based on IRS filings.

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We Raise Foundation โ€” Itasca, IL | GiveScope