Rainbow Services Inc

Analysis

Rainbow Services Inc is a registered charity in United States, based in Kansas City, KS. It received its IRS tax-exemption ruling in October 2019, 7 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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 June 2023, Rainbow Services Inc reported income of $3.7m and spending of $4.0m, spending 108% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $4.2m to $3.7m (-11%), an average of -2.9% a year. Over the whole period it spent 101% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Rainbow Services Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within KS. Charities of a similar size with the same main cause include Fighting Back Santa Maria Valley ($3.7m), Phenome Health ($3.7m) and Mha Keystone Center ($3.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% and program service revenue 3.5% of the total. Compensation of current officers, directors and key employees was $110k (2.7% of expenses). Other salaries and wages came to $2.1m. At year end it held assets of $6.4m against liabilities of $4.1m, net assets of $2.3m. It reported 71 employees.