Rainbows for Kids

Analysis

Rainbows for Kids is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in January 2000, 26 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, Rainbows for Kids reported income of $53k and spending of $71k, spending 132% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $61k to $53k (-13%), an average of -13% a year. Over the whole period it spent 110% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Rainbows for Kids sits at the 17th percentile: it is larger than about 17% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 19th percentile within MO. Charities of a similar size with the same main cause include American Association of Bariatric Counselors Inc ($53k), Hedrick Medical Center Foundation Inc ($53k) and Atlantic Coast Dental Research Clinic ($53k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $38k against liabilities of $0, net assets of $38k.