Nuestras Raices Inc

Analysis

Nuestras Raices Inc is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in April 2019, 7 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 December 2023, Nuestras Raices Inc reported income of $123k and spending of $129k, spending 105% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $13k to $123k (+831%), an average of +110% a year. The sharpest change came in the year to December 2021, when income rose by 326%. Over the whole period it spent 95% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Nuestras Raices Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 43rd percentile within MD. Charities of a similar size with the same main cause include Grass Roots Events Inc ($123k), Shannon Air Museum ($123k) and Mona Shores Choir Assoc Inc ($123k).

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 $33k against liabilities of $0, net assets of $33k.