Rainbow Defense Fund Inc

Analysis

Rainbow Defense Fund Inc is a registered charity in United States, based in Tucson, AZ. It received its IRS tax-exemption ruling in October 2018, 8 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Rainbow Defense Fund Inc reported income of $275k and spending of $198k, leaving 28% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $159k to $275k (+73%), an average of +32% a year. The sharpest change came in the year to December 2022, when income rose by 111%. Over the whole period it spent 60% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Rainbow Defense Fund Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 58th percentile within AZ. Charities of a similar size with the same main cause include Bachman Center Council Inc ($275k), 2222 Foundation ($275k) and Benevolent Fund of Local 9 Plumbers & Pipefitters Inc ($275k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $72k. At year end it held assets of $613k against liabilities of $0, net assets of $613k. It reported 1 employees.