Rainbow Tree Christian School Inc
Analysis
Rainbow Tree Christian School Inc is a registered charity in United States, based in New PRT Rchy, FL. It received its IRS tax-exemption ruling in September 2000, 26 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 June 2023, Rainbow Tree Christian School Inc reported income of $646k and spending of $641k, spending 99% of its income. Across the 4 years on record, from December 2019 to June 2023, income grew from $347k to $646k (+86%), an average of +23% a year. The sharpest change came in the year to December 2021, when income rose by 44%. Over the whole period it spent 95% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Rainbow Tree Christian School Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 76th percentile within FL. Charities of a similar size with the same main cause include Chelsea Academy Foundation Inc ($646k), William Woodward Jr Nursery School ($647k) and Sailfish Point Foundation Inc ($646k).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 5.5% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $73k (11% of expenses). Other salaries and wages came to $312k. At year end it held assets of $656k against liabilities of $288k, net assets of $368k. It reported 12 employees.
Income and spending
Where the income comes from
- Contributions & grants 5.5%
- Program services 94%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Chelsea Academy Foundation Inc | Front Royal | $646k |
| William Woodward Jr Nursery School | New York | $647k |
| Sailfish Point Foundation Inc | Stuart | $646k |
| Living Christ for Kids Inc | Plainfield | $647k |