The Rainbow Network Inc

Analysis

The Rainbow Network Inc is a registered charity in United States, based in Columbia, MO. It received its IRS tax-exemption ruling in January 1997, 29 years ago. Its declared purposes cover health care, 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 December 2023, The Rainbow Network Inc reported income of $2.3m and spending of $2.0m, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.7m to $2.3m (+34%), an average of +7.7% a year. Over the whole period it spent 81% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, The Rainbow Network Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 86th percentile within MO. Charities of a similar size with the same main cause include New Vitae Wellness Foundation ($2.3m), Cancer Wellness Center ($2.3m) and Tempo Group Counseling Services ($2.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% and program service revenue 4.1% of the total. Other salaries and wages came to $568k. At year end it held assets of $3.4m against liabilities of $69k, net assets of $3.3m. It reported 5 employees.