Rawtools Inc

Analysis

Rawtools Inc is a registered charity in United States, based in Colorado SPGS, CO. It received its IRS tax-exemption ruling in September 2014, 12 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Rawtools Inc reported income of $203k and spending of $212k, spending 104% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $336k to $203k (-40%), an average of -40% a year. The sharpest change came in the year to December 2023, when income dropped by 40%. Over the whole period it spent 99% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Rawtools Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 51st percentile within CO. Charities of a similar size with the same main cause include Good News Kenya Inc ($203k), The@branch ($203k) and Spirit & Word Ministries Inc ($203k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 51% and program service revenue 49% of the total. Compensation of current officers, directors and key employees was $60k (28% of expenses). At year end it held assets of $159k against liabilities of $0, net assets of $159k. It reported 1 employees.