East St Tammany Rainbow Childcare Center

Analysis

East St Tammany Rainbow Childcare Center is a registered charity in United States, based in Slidell, LA. 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 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 June 2023, East St Tammany Rainbow Childcare Center reported income of $577k and spending of $783k, spending 136% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $588k to $577k (-1.8%), an average of -0.5% a year. The sharpest change came in the year to June 2022, when income rose by 137%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, East St Tammany Rainbow Childcare Center sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 71st percentile within LA. Charities of a similar size with the same main cause include Lighthouse Thrift Store ($577k), Educate the Children Inc ($577k) and Esd Global Inc ($577k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 71% and program service revenue 25% of the total. Compensation of current officers, directors and key employees was $70k (8.9% of expenses). Other salaries and wages came to $377k. At year end it held assets of $286k against liabilities of $8,441, net assets of $278k. It reported 10 employees.