Camp Rainbow Inc

Analysis

Camp Rainbow Inc is a registered charity in United States, based in White Plains, NY. It received its IRS tax-exemption ruling in April 1973, 53 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Camp Rainbow Inc reported income of $55k and spending of $4,903, leaving 91% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $51k to $55k (+7.3%), an average of +1.8% a year. The sharpest change came in the year to December 2021, when income rose by 1000%. Over the whole period it spent 19% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Camp Rainbow Inc sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 23rd percentile within NY. Charities of a similar size with the same main cause include Long Beach Neighborhood Foundation ($55k), Bush Cup Corp ($55k) and Sonshine Gymnastics Booster Club Inc ($55k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $816k against liabilities of $20k, net assets of $796k.