Roses and Rainbows Ministry Inc

Analysis

Roses and Rainbows Ministry Inc is a registered charity in United States, based in Reisterstown, MD. It received its IRS tax-exemption ruling in November 2013, 13 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Roses and Rainbows Ministry Inc reported income of $75k and spending of $88k, spending 117% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $103k to $75k (-27%), an average of -27% a year. The sharpest change came in the year to December 2023, when income dropped by 27%. Over the whole period it spent 92% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Roses and Rainbows Ministry Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 31st percentile within MD. Charities of a similar size with the same main cause include Central Alabama Emmaus Community Inc ($75k), Lighthouse Ministries ($75k) and The Crosspoint Church Inc ($75k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 88% of the total. At year end it held assets of $83k against liabilities of $0, net assets of $83k.