Raregivers Inc

Analysis

Raregivers Inc is a registered charity in United States, based in Orange, CA. It received its IRS tax-exemption ruling in March 2019, 7 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, Raregivers Inc reported income of $309k and spending of $302k, spending 98% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $162k to $309k (+91%), an average of +24% a year. The sharpest change came in the year to December 2021, when income rose by 188%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Raregivers Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 64th percentile within CA. Charities of a similar size with the same main cause include Ray of Sunshine Foundation Inc ($309k), Heart and Seoul Gospel Ministries Inc ($309k) and Capital Payee Inc ($309k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 0.8% of the total. Compensation of current officers, directors and key employees was $88k (29% of expenses). At year end it held assets of $31k against liabilities of $12k, net assets of $19k.