Rainforest Fund Inc

Analysis

Rainforest Fund Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in September 1993, 33 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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 Fund Inc reported income of $744k and spending of $1.0m, spending 136% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $5.1m to $744k (-85%), an average of -38% a year. The sharpest change came in the year to December 2020, when income dropped by 94%. Over the whole period it spent 82% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Rainforest Fund Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 72nd percentile within NY. Charities of a similar size with the same main cause include Henry-Wood Sportsmans Alliance ($744k), Groundwork New Orleans ($744k) and Environmental Federation of North Carolina Inc ($744k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.5% of the total. Compensation of current officers, directors and key employees was $46k (4.5% of expenses). Other salaries and wages came to $58k. At year end it held assets of $3.7m against liabilities of $4,640, net assets of $3.7m. It reported 1 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.