Raiz Foundation Inc

Analysis

Raiz Foundation Inc is a registered charity in United States, based in Providence, RI. It received its IRS tax-exemption ruling in August 2019, 7 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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, Raiz Foundation Inc reported income of $495k and spending of $468k, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $338k to $495k (+46%), an average of +10% a year. The sharpest change came in the year to December 2020, when income rose by 54%. Over the whole period it spent 99% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Raiz Foundation Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 66th percentile within RI. Charities of a similar size with the same main cause include Mamoni Valley Preserve ($494k), Radix Ecological Sustainability Center ($495k) and Savenature Org ($494k).

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 $31k against liabilities of $0, net assets of $31k.