Rainbow Guardian Inc

Analysis

Rainbow Guardian Inc is a registered charity in United States, based in Davie, FL. It received its IRS tax-exemption ruling in August 1996, 30 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Rainbow Guardian Inc reported income of $746k and spending of $899k, spending 121% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $569k to $746k (+31%), an average of +7.0% a year. The sharpest change came in the year to December 2022, when income rose by 102%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Rainbow Guardian 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 76th percentile, and in the 78th percentile within FL. Charities of a similar size with the same main cause include Champ Clark Service Coordination ($746k), John D Thompson Hospice Institute for Education Training & Research ($746k) and Casa of Lancaster County Inc ($746k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 18% and program service revenue 82% of the total. Compensation of current officers, directors and key employees was $96k (11% of expenses). At year end it held assets of $97k against liabilities of $0, net assets of $97k. It reported 12 employees.