Raising Canes Crew Fund

Analysis

Raising Canes Crew Fund is a registered charity in United States, based in Plano, TX. It received its IRS tax-exemption ruling in October 2009, 17 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Raising Canes Crew Fund reported income of $149k and spending of $0, leaving 100% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $87k to $149k (+70%), an average of +70% a year. The sharpest change came in the year to December 2023, when income rose by 70%. Over the whole period it spent 0.4% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Raising Canes Crew Fund sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 50th percentile within TX. Charities of a similar size with the same main cause include Sending Hope International ($148k), Liga de Justicia Foundation ($149k) and Litaher Center Inc ($148k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $240k against liabilities of $0, net assets of $240k.