The Rainbow Experience Inc

Analysis

The Rainbow Experience Inc is a registered charity in United States, based in Baldwin City, KS. It received its IRS tax-exemption ruling in June 2020, 6 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, The Rainbow Experience Inc reported income of $246k and spending of $188k, leaving 24% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $264k to $246k (-6.9%), an average of -3.5% a year. Over the whole period it spent 66% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Rainbow Experience Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 57th percentile within KS. Charities of a similar size with the same main cause include Rochester Jewish High School for Girls Fund Inc ($246k), Zohar Dance Company ($246k) and Tynkertopia Inc ($245k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 12% and program service revenue 84% of the total. Other salaries and wages came to $140k. At year end it held assets of $376k against liabilities of $0, net assets of $376k.