Raerae of Light

Analysis

Raerae of Light is a registered charity in United States, based in Peoria, AZ. It received its IRS tax-exemption ruling in August 2020, 6 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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, Raerae of Light reported income of $86k and spending of $126k, spending 146% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $175k to $86k (-51%), an average of -50% a year. The sharpest change came in the year to December 2023, when income dropped by 51%. Over the whole period it spent 87% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Raerae of Light sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 30th percentile within AZ. Charities of a similar size with the same main cause include Madison Area Down Syndrome Society Inc ($86k), American Myalgic Encephalomyelitis & Chronic Fatigue Syndrome Society ($87k) and Oiaa Inc a New Jeresy Corporation ($86k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 101% of the total. At year end it held assets of $115k against liabilities of $5,566, net assets of $109k.