Rare Is Beautiful

Analysis

Rare Is Beautiful is a registered charity in United States, based in Elmwood Park, NJ. It received its IRS tax-exemption ruling in July 2016, 10 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Rare Is Beautiful reported income of $87k and spending of $52k, leaving 40% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $106k to $87k (-18%), an average of -18% a year. The sharpest change came in the year to December 2023, when income dropped by 18%. Over the whole period it spent 57% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Rare Is Beautiful sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 41st percentile within NJ. Charities of a similar size with the same main cause include Engebretson Family Charitable Trust ($87k), Clearing Endowment Trust ($87k) and Athletes Helping Athletes Inc ($87k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 86% of the total. At year end it held assets of $274k against liabilities of $0, net assets of $274k.