Raksha Inc

Analysis

Raksha Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in January 1996, 30 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, Raksha Inc reported income of $2.9m and spending of $1.4m, leaving 51% of income unspent that year. Across the 6 years on record, from December 2018 to December 2023, income grew from $1.1m to $2.9m (+172%), an average of +22% a year. The sharpest change came in the year to December 2023, when income rose by 113%. Over the whole period it spent 72% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Raksha Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 91st percentile within GA. Charities of a similar size with the same main cause include Care Dynamics Incorporate ($2.9m), Growing Hope Globally ($2.9m) and Debtwave Credit Counseling Inc ($2.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 0.6% of the total. Compensation of current officers, directors and key employees was $113k (8.0% of expenses). Other salaries and wages came to $541k. At year end it held assets of $3.0m against liabilities of $218k, net assets of $2.8m. It reported 14 employees.