A rainwater collection assembly for collecting rainwater includes a reservoir that is mountable to a wall of a building and the reservoir has an inlet that is in fluid communication with a downspout of a gutter system of the building to direct rainwater into the reservoir for storage. The reservoir has a pair of outlets each being integrated therein to release the rainwater from the reservoir. A spigot is fluidly integrated into the reservoir to release the rainwater from the reservoir when the spigot is opened. An intake pipe is fluidly coupled to the inlet in the reservoir and the intake pipe can be fluidly coupled to a downspout of the gutter system for directing the rainwater into the reservoir.