Rainbow Kids Achievement Center
Analysis
Rainbow Kids Achievement Center is a registered charity in United States, based in Rcho Sta Marg, CA. It received its IRS tax-exemption ruling in December 2003, 23 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, Rainbow Kids Achievement Center reported income of $1.9m and spending of $1.9m, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.5m to $1.9m (+24%), an average of +5.5% a year. Over the whole period it spent 98% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Rainbow Kids Achievement Center sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within CA. Charities of a similar size with the same main cause include Rise and Rebuild Foundation ($1.9m), St Johns Foundation ($1.9m) and Society for Equal Access Independent Living Center ($1.9m).
On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $1.4m. At year end it held assets of $299k against liabilities of $5,367, net assets of $293k. It reported 29 employees.
Income and spending
Where the income comes from
- Program services 100%
- Other 0.3%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Rise and Rebuild Foundation | Sandy | $1.9m |
| St Johns Foundation | Billings | $1.9m |
| Society for Equal Access Independent Living Center | Dover | $1.9m |
| Goodwill Homes Community Services Inc | Memphis | $1.9m |