Rahavard

Analysis

Rahavard is a registered charity in United States, based in East Lansing, MI. It received its IRS tax-exemption ruling in July 2022, 4 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 (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, Rahavard reported income of $89k and spending of $65k, leaving 27% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $75k to $89k (+17%), an average of +18% a year. The sharpest change came in the year to December 2023, when income rose by 17%. Over the whole period it spent 84% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Rahavard sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 33rd percentile within MI. Charities of a similar size with the same main cause include Westlake High School Choral Booster Club Inc ($89k), Artly World ($89k) and Hawaii Historic Arms Association ($89k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $48k against liabilities of $11k, net assets of $37k.