Rainforest Alliance Inc
Analysis
Rainforest Alliance Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in July 1987, 39 years ago. 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, Rainforest Alliance Inc reported income of $85.5m and spending of $95.3m, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $46.7m to $85.5m (+83%), an average of +16% a year. The sharpest change came in the year to December 2022, when income rose by 54%. Over the whole period it spent 86% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Rainforest Alliance Inc sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within NY. Charities of a similar size with the same main cause include Eau Claire Cooperative Health Center Inc ($85.3m), Hartford Healthcare Endowment LLC ($85.6m) and Evms Academic Physicians and Surgeons Health Services Foundatio ($85.3m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 31% and program service revenue 68% of the total. Compensation of current officers, directors and key employees was $1.4m (1.5% of expenses). Other salaries and wages came to $19.3m. At year end it held assets of $78.8m against liabilities of $17.3m, net assets of $61.5m. It reported 130 employees.
Income and spending
Where the income comes from
- Contributions & grants 31%
- Program services 68%
- Other 1.5%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Eau Claire Cooperative Health Center Inc | Columbia | $85.3m |
| Hartford Healthcare Endowment LLC | Hartford | $85.6m |
| Evms Academic Physicians and Surgeons Health Services Foundatio | Norfolk | $85.3m |
| Chi St Vincent Medical Group Hot Springs | Phoenix | $86.0m |