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Rain of North America

RegisteredEIN 35-2350744Minneapolis, MNPoverty relief
Income$66k2024-03
Spending$76ksame year
Spent / received103%2-year average
Size in its cause23rd pctPoverty relief
Exempt since2021Publicly supported organisat
Employees–latest return

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

$0$39k$78k$117k$155k2023 Income: $155,3532023 Spending: $153,35320232024 Income: $66,4762024 Spending: $75,6472024
IncomeSpending

Where the income comes from

  • Contributions & grants 100%

Similar-sized charities, same cause

CharityLocationIncome
Dunes Hospice Foundation IncValparaiso$66k
Yachats Lions Charities IncYachats$66k
Logan County Fair FoundationLincoln$66k
Anthony M Fernicola FoundationPoint Pleasant Beach$66k