Rainbow Families DC

Analysis

Rainbow Families DC is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in June 2007, 19 years ago. Its declared purposes cover civil rights, social action and advocacy, which this site groups under human rights and equality. 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, Rainbow Families DC reported income of $250k and spending of $217k, spending 87% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $162k to $250k (+54%), an average of +16% a year. The sharpest change came in the year to December 2021, when income rose by 45%. Over the whole period it spent 85% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Rainbow Families DC sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 33rd percentile within DC. Charities of a similar size with the same main cause include 1614-1622 Jonquil Terrace ($250k), Youth Outright WNC Inc ($250k) and Haven of Love Inc ($250k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $140k. At year end it held assets of $253k against liabilities of $5,438, net assets of $248k. It reported 1 employees.