Rural Alternative for Transportation Raft

Analysis

Rural Alternative for Transportation Raft is a registered charity in United States, based in Berthoud, CO. It received its IRS tax-exemption ruling in April 2021, 5 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, Rural Alternative for Transportation Raft reported income of $247k and spending of $218k, spending 88% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $119k to $247k (+109%), an average of +44% a year. The sharpest change came in the year to December 2023, when income rose by 50%. Over the whole period it spent 86% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Rural Alternative for Transportation Raft sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 55th percentile within CO. Charities of a similar size with the same main cause include Labette County Emergency Assistance ($247k), Special Opps Inc ($248k) and Next 18 Inc ($247k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 7.1% of the total. Other salaries and wages came to $46k. At year end it held assets of $171k against liabilities of $8,843, net assets of $163k. It reported 2 employees.