Diamond in the Raw

Analysis

Diamond in the Raw is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in June 2008, 18 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 September 2023, Diamond in the Raw reported income of $95k and spending of $122k, spending 128% of what it took in. Across the 3 years on record, from September 2019 to September 2023, income grew from $20k to $95k (+377%), an average of +118% a year. The sharpest change came in the year to September 2022, when income rose by 195%. Over the whole period it spent 111% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Diamond in the Raw sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 38th percentile within CA. Charities of a similar size with the same main cause include North Bryan Community Center ($95k), Bitterroot Casa Inc ($95k) and Troops 57 and 4057 of Palo Alto ($95k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 80% of the total. At year end it held assets of $38k against liabilities of $12k, net assets of $26k.