Raas All-Stars Incorporated

Analysis

Raas All-Stars Incorporated is a registered charity in United States, based in Sugar Land, TX. It received its IRS tax-exemption ruling in August 2017, 9 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Raas All-Stars Incorporated reported income of $118k and spending of $115k, spending 98% of its income. Across the 2 years on record, from June 2023 to June 2024, income fell from $119k to $118k (-0.8%), an average of -0.8% a year. Over the whole period it spent 105% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Raas All-Stars Incorporated sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 44th percentile within TX. Charities of a similar size with the same main cause include Bellissimo Theatre Company Inc ($118k), National Society of the Colonial Dames of America in Tenn ($118k) and Lvac Theatre Guild Inc ($118k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 55% of the total. At year end it held assets of $3,806 against liabilities of $0, net assets of $3,806.