Rainbow Meadows Equine Rescue and Retirement Inc

Analysis

Rainbow Meadows Equine Rescue and Retirement Inc is a registered charity in United States, based in Junction City, KS. It received its IRS tax-exemption ruling in September 2007, 19 years ago. Its declared purposes cover animal-related, which this site groups under animals. 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, Rainbow Meadows Equine Rescue and Retirement Inc reported income of $254k and spending of $255k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $278k to $254k (-8.4%), an average of -2.2% a year. The sharpest change came in the year to December 2022, when income rose by 90%. Over the whole period it spent 78% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Rainbow Meadows Equine Rescue and Retirement Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 58th percentile within KS. Charities of a similar size with the same main cause include Wild Animal World Inc ($254k), East Norwalk Blue Inc ($255k) and Howling for Wolves ($254k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 44% of the total. Other salaries and wages came to $61k. At year end it held assets of $573k against liabilities of $1,373, net assets of $572k. It reported 5 employees.