Raices de Bienestar

Analysis

Raices de Bienestar is a registered charity in United States, based in Beaverton, OR. It received its IRS tax-exemption ruling in April 2022, 4 years ago. Its declared purposes cover mental health and crisis intervention, 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 June 2024, Raices de Bienestar reported income of $1.7m and spending of $1.3m, leaving 27% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income grew from $1.4m to $1.7m (+23%), an average of +23% a year. The sharpest change came in the year to June 2024, when income rose by 23%. Over the whole period it spent 64% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Raices de Bienestar sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within OR. Charities of a similar size with the same main cause include Sullivan County Oral Health Collaborative Inc ($1.7m), Academic Pediatric Association ($1.7m) and Wilderness Health ($1.7m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 94% and program service revenue 5.0% of the total. Compensation of current officers, directors and key employees was $307k (24% of expenses). Other salaries and wages came to $226k. At year end it held assets of $1.2m against liabilities of $44k, net assets of $1.1m. It reported 9 employees.