Camp Rainbow Inc

Analysis

Camp Rainbow Inc is a registered charity in United States, based in Skippack, PA. It received its IRS tax-exemption ruling in April 1952, 74 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, Camp Rainbow Inc reported income of $122k and spending of $138k, spending 114% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $126k to $122k (-3.4%), an average of -0.9% a year. The sharpest change came in the year to December 2021, when income rose by 123%. Over the whole period it spent 113% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Camp Rainbow Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 40th percentile within PA. Charities of a similar size with the same main cause include Share Xiii Inc ($122k), Major County Senior Citizens Inc ($122k) and Public Risk Management Association-Colorado Chapter Inc ($122k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 77% and program service revenue 10% of the total. Compensation of current officers, directors and key employees was $6,000 (4.3% of expenses). Other salaries and wages came to $8,282. At year end it held assets of $161k against liabilities of $0, net assets of $161k. It reported 4 employees.