Rain of North America
Analysis
Rain of North America is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in November 2021, 5 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 March 2024, Rain of North America reported income of $66k and spending of $76k, spending 114% of what it took in. Across the 2 years on record, from March 2023 to March 2024, income fell from $155k to $66k (-57%), an average of -57% a year. The sharpest change came in the year to March 2024, when income dropped by 57%. Over the whole period it spent 103% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Rain of North America sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 23rd percentile within MN. Charities of a similar size with the same main cause include Dunes Hospice Foundation Inc ($66k), Yachats Lions Charities Inc ($66k) and Logan County Fair Foundation ($66k).
On its Form 990-EZ for the period ending March 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $1,764 against liabilities of $0, net assets of $1,764.
Income and spending
Where the income comes from
- Contributions & grants 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Dunes Hospice Foundation Inc | Valparaiso | $66k |
| Yachats Lions Charities Inc | Yachats | $66k |
| Logan County Fair Foundation | Lincoln | $66k |
| Anthony M Fernicola Foundation | Point Pleasant Beach | $66k |