Camp Rainbow Inc

Analysis

Camp Rainbow Inc is a registered charity in United States, based in Clarksville, TN. It received its IRS tax-exemption ruling in September 2006, 20 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 $148k and spending of $184k, spending 124% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $177k to $148k (-17%), an average of -4.4% a year. The sharpest change came in the year to December 2020, when income dropped by 54%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Camp Rainbow Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 47th percentile within TN. Charities of a similar size with the same main cause include Dream Center of Henry County ($148k), Stark County Community Unit School District 100 Foundation ($148k) and One Step Ministry ($148k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 62% of the total. At year end it held assets of $404k against liabilities of $0, net assets of $404k.