Rainbow Ministries-Tu Projimo Inc

Analysis

Rainbow Ministries-Tu Projimo Inc is a registered charity in United States, based in Eagle Pass, TX. It received its IRS tax-exemption ruling in June 1996, 30 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Rainbow Ministries-Tu Projimo Inc reported income of $310k and spending of $323k, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $155k to $310k (+100%), an average of +19% a year. The sharpest change came in the year to December 2022, when income rose by 26%. Over the whole period it spent 93% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Rainbow Ministries-Tu Projimo Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 67th percentile within TX. Charities of a similar size with the same main cause include American Friends of Chabad of Portugal Inc ($310k), Guru Maneyo Granth Inc ($310k) and T C T of Michigan Inc ($310k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $216k against liabilities of $0, net assets of $216k.