In a mixing bowl, beat cream cheese until smooth.
Add powdered sugar and vanilla, then mix until combined.
Gently fold in crushed raspberries and graham cracker crumbs.
Refrigerate the mixture for 30 minutes to firm it up.
Roll the mixture into small balls and place on a parchment-lined tray.
Freeze the truffles for 15–20 minutes until firm.
Melt white chocolate chips with vegetable oil in the microwave, stirring until smooth.
Add a drop of pink food coloring if desired.
Dip each truffle into the melted chocolate and place back on the tray.
Add sprinkles immediately if using. Chill until set.