Rainbow Recovery Foundation Inc

Analysis

Rainbow Recovery Foundation Inc is a registered charity in United States, based in San Jose, CA. It received its IRS tax-exemption ruling in May 2004, 22 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, Rainbow Recovery Foundation Inc reported income of $69k and spending of $76k, spending 111% of what it took in. Across the 4 years on record, from June 2020 to June 2024, income fell from $312k to $69k (-78%), an average of -40% a year. The sharpest change came in the year to June 2023, when income dropped by 76%. Over the whole period it spent 98% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Rainbow Recovery Foundation Inc sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 29th percentile within CA. Charities of a similar size with the same main cause include American Ophthlmological Society CH Aritable Educationa & Scientific ($69k), Florida Invitational Interventional Cardiology Seminar Inc ($69k) and Woman Today Inc ($69k).

On its Form 990-EZ for the period ending June 2024, revenue came from program service revenue 100% of the total. At year end it held assets of $22k against liabilities of $0, net assets of $22k.