Rainbow Day Care

Analysis

Rainbow Day Care is a registered charity in United States, based in Sacramento, CA. It received its IRS tax-exemption ruling in October 1986, 40 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Rainbow Day Care reported income of $447k and spending of $449k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $694k to $447k (-35%), an average of -10% a year. The sharpest change came in the year to December 2021, when income rose by 71%. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Rainbow Day Care sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 70th percentile within CA. Charities of a similar size with the same main cause include Georgia Brown Blosser Home for Crippled Children ($447k), Safe Haven in York Pa Inc ($448k) and Better Wiser Stronger Inc ($447k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.3% and program service revenue 100% of the total. Other salaries and wages came to $265k. At year end it held assets of $7,524 against liabilities of $1,102, net assets of $6,422.