Rachels Gift

Analysis

Rachels Gift is a registered charity in United States, based in McDonough, GA. It received its IRS tax-exemption ruling in September 2008, 18 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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 December 2023, Rachels Gift reported income of $371k and spending of $329k, spending 89% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $171k to $371k (+117%), an average of +30% a year. The sharpest change came in the year to December 2023, when income rose by 49%. Over the whole period it spent 89% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Rachels Gift sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 69th percentile within GA. Charities of a similar size with the same main cause include Bridge to Healing Foundation Inc ($371k), Journey to Healing ($372k) and The Breast Cancer Resource Center of Santa Barbara ($371k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 63% of the total. Other salaries and wages came to $116k. At year end it held assets of $236k against liabilities of $6,375, net assets of $230k.