Razi School

Analysis

Razi School is a registered charity in United States, based in Woodside, NY. It received its IRS tax-exemption ruling in April 1996, 30 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2024, Razi School reported income of $1.2m and spending of $1.4m, spending 115% of what it took in. Across the 5 years on record, from August 2020 to August 2024, income grew from $855k to $1.2m (+38%), an average of +8.4% a year. The sharpest change came in the year to August 2022, when income rose by 39%. Over the whole period it spent 101% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Razi School sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 77th percentile within NY. Charities of a similar size with the same main cause include Dakota Rural Action ($1.2m), Friends of Beacon ($1.2m) and Shelter Island Public Library ($1.2m).

On its Form 990 for the period ending August 2024, revenue came from contributions and grants 22% and program service revenue 73% of the total. Compensation of current officers, directors and key employees was $72k (5.3% of expenses). Other salaries and wages came to $810k. At year end it held assets of $402k against liabilities of $349k, net assets of $53k. It reported 32 employees.