Many of the churches in you’re neighborhood are raising funds for hurricane victims.
Which of the following corrects an error in the sentence above?

"Replace you’re with your" is the correct answer. This is correct because you’re is a contraction of you and are, while as your is a possessive pronoun.
"Replace raising with rising." This is incorrect because raising means “to increase” while rising means “to go up”.
"Replace churches with churchs." This is incorrect because to make a word ending in -ch plural. we add -es rather than -s.
"Replace neighborhood with nieghborhood." This is incorrect because the word neighborhood has a long A sound, which is spelled e-i.