Friends of Rainbow Springs State Park Inc

Analysis

Friends of Rainbow Springs State Park Inc is a registered charity in United States, based in Dunnellon, FL. It received its IRS tax-exemption ruling in December 1993, 33 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Friends of Rainbow Springs State Park Inc reported income of $168k and spending of $78k, leaving 54% of income unspent that year. Across the 3 years on record, from December 2019 to December 2023, income grew from $119k to $168k (+41%), an average of +19% a year. The sharpest change came in the year to December 2023, when income rose by 36%. Over the whole period it spent 70% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Friends of Rainbow Springs State Park Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 54th percentile within FL. Charities of a similar size with the same main cause include Arts for Oakland Kids ($168k), Buchanan Arts Inc ($168k) and Storytelling Arts Inc ($168k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 9.8% of the total. At year end it held assets of $609k against liabilities of $0, net assets of $609k.