Relax Collections LLC

Analysis

Relax Collections LLC is a registered charity in United States, based in Annandale, NJ. It received its IRS tax-exemption ruling in June 2018, 8 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Relax Collections LLC reported income of $478k and spending of $6,851, leaving 99% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $180k to $478k (+166%), an average of +166% a year. The sharpest change came in the year to December 2023, when income rose by 166%. Over the whole period it spent 28% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Relax Collections LLC sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 74th percentile within NJ. Charities of a similar size with the same main cause include Lake Wylie Athletic Association Inc ($478k), Kent Valley Hockey Association ($478k) and Casco Bay Arena Inc ($478k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $12k against liabilities of $0, net assets of $12k.