Raising Relief

Analysis

Raising Relief is a registered charity in United States, based in Largo, FL. It received its IRS tax-exemption ruling in May 2022, 4 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, Raising Relief reported income of $121k and spending of $46k, leaving 62% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $170k to $121k (-29%), an average of -29% a year. The sharpest change came in the year to December 2023, when income dropped by 29%. Over the whole period it spent 66% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Raising Relief sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 46th percentile within FL. Charities of a similar size with the same main cause include Steve Austin Facility of Charleston ($121k), Mitchell Housing Corporation ($121k) and York Regional Dream Center ($121k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 137% of the total. At year end it held assets of $99k against liabilities of $0, net assets of $99k.