Raizes Collective

Analysis

Raizes Collective is a registered charity in United States, based in Santa Rosa, CA. It received its IRS tax-exemption ruling in April 2015, 11 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 June 2024, Raizes Collective reported income of $947k and spending of $939k, spending 99% of its income. Across the 4 years on record, from June 2021 to June 2024, income grew from $372k to $947k (+154%), an average of +36% a year. The sharpest change came in the year to June 2024, when income rose by 88%. Over the whole period it spent 95% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Raizes Collective 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 79th percentile, and in the 80th percentile within CA. Charities of a similar size with the same main cause include Houston Chamber Choir ($946k), Marthas Vineyard Film Society Inc ($947k) and National Organization of Research Development Professionals ($946k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 95% and program service revenue 4.6% of the total. Compensation of current officers, directors and key employees was $90k (9.6% of expenses). Other salaries and wages came to $214k. At year end it held assets of $70k against liabilities of -$5,660, net assets of $76k. It reported 2 employees.