Raices Cultura

Analysis

Raices Cultura is a registered charity in United States, based in Coachella, CA. It received its IRS tax-exemption ruling in June 2011, 15 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Raices Cultura reported income of $138k and spending of $218k, spending 158% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $225k to $138k (-38%), an average of -22% a year. The sharpest change came in the year to December 2023, when income dropped by 56%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Raices Cultura sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 47th percentile within CA. Charities of a similar size with the same main cause include Ncsea Foundation ($138k), Longmont High School Music Boosters ($138k) and National Sorority of Phi Delta Kappa Inc ($138k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $80k. At year end it held assets of $82k against liabilities of $0, net assets of $82k. It reported 2 employees.