Raje-Usa Inc

Analysis

Raje-Usa Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in September 2011, 15 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, Raje-Usa Inc reported income of $1.9m and spending of $1.9m, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.0m to $1.9m (-0.9%), an average of -0.2% a year. The sharpest change came in the year to December 2022, when income rose by 82%. Over the whole period it spent 89% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Raje-Usa Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 82nd percentile within NY. Charities of a similar size with the same main cause include Newark Day Nursery Assoc Inc ($1.9m), Family & Childrens Service of Greater Lynn Inc ($1.9m) and Lumbee Regional Developement Association Inc ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 79% and program service revenue 20% of the total. Compensation of current officers, directors and key employees was $241k (13% of expenses). Other salaries and wages came to $463k. It paid $2,690 in professional fundraising fees. At year end it held assets of $1.3m against liabilities of $48k, net assets of $1.2m. It reported 15 employees.