Rainbow Chamber Foundation

Analysis

Rainbow Chamber Foundation is a registered charity in United States, based in Sacramento, CA. It received its IRS tax-exemption ruling in April 2009, 17 years ago. Its declared purposes cover education, which this site groups under education and training. 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 Chamber Foundation reported income of $57k and spending of $97k, spending 168% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $66k to $57k (-13%), an average of -13% a year. Over the whole period it spent 130% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Rainbow Chamber Foundation sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 24th percentile within CA. Charities of a similar size with the same main cause include Avon High School Sports Booster Club Inc ($57k), Georgetown South Community Council Foundation Inc ($57k) and Sky - Skilled Knowledgeable Youth ($57k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 21% of the total. At year end it held assets of $123k against liabilities of $4,014, net assets of $119k.