Rarerising

Analysis

Rarerising is a registered charity in United States, based in Colgate, WI. It received its IRS tax-exemption ruling in March 2021, 5 years ago. Its declared purposes cover health care, 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, Rarerising reported income of $370k and spending of $277k, leaving 25% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $185k to $370k (+100%), an average of +100% a year. The sharpest change came in the year to December 2023, when income rose by 100%. Over the whole period it spent 72% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Rarerising sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 65th percentile within WI. Charities of a similar size with the same main cause include Wezesha US Inc ($370k), Bow Foundation ($370k) and Robertas Legacy Inc ($370k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $40k. At year end it held assets of $158k against liabilities of $0, net assets of $158k. It reported 1 employees.