Free Rain International Inc

Analysis

Free Rain International Inc is a registered charity in United States, based in Corona, CA. It received its IRS tax-exemption ruling in March 2020, 6 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Free Rain International Inc reported income of $219k and spending of $228k, spending 104% of its income. Across the 4 years on record, from December 2020 to December 2023, income fell from $228k to $219k (-3.8%), an average of -1.3% a year. The sharpest change came in the year to December 2023, when income rose by 15%. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Free Rain International Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 58th percentile within CA. Charities of a similar size with the same main cause include Village Agricultural Cooperative ($219k), National Charity League Palos Verdes Provisional Chapter ($219k) and Selfless Solutions ($219k).

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 $34k against liabilities of $0, net assets of $34k.