Rare by Design Inc

Analysis

Rare by Design Inc is a registered charity in United States, based in Sioux Falls, SD. It received its IRS tax-exemption ruling in July 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Rare by Design Inc reported income of $74k and spending of $61k, spending 82% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $81k to $74k (-8.5%), an average of -8.5% a year. Over the whole period it spent 66% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Rare by Design Inc sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 23rd percentile within SD. Charities of a similar size with the same main cause include Accessible Acupuncture Initiative Inc ($74k), Washington State Hands & Voices ($74k) and Institute for Global Health and Health Policy ($74k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 86% and program service revenue 12% of the total. At year end it held assets of $76k against liabilities of $0, net assets of $76k.