Rainier Athletes

Analysis

Rainier Athletes is a registered charity in United States, based in Bellevue, WA. It received its IRS tax-exemption ruling in October 2016, 10 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Rainier Athletes reported income of $1.3m and spending of $1.0m, leaving 20% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $413k to $1.3m (+213%), an average of +33% a year. The sharpest change came in the year to December 2022, when income rose by 105%. Over the whole period it spent 82% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Rainier Athletes sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 82nd percentile within WA. Charities of a similar size with the same main cause include Girls Unite Inc ($1.3m), Mathematics Foundation of America ($1.3m) and Glassroots Inc ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $125k (12% of expenses). Other salaries and wages came to $488k. It paid $25k in professional fundraising fees. At year end it held assets of $1.3m against liabilities of $5,881, net assets of $1.3m. It reported 11 employees.