Rainy Day Ranch
Analysis
Rainy Day Ranch is a registered charity in United States, based in Olympia, WA. It received its IRS tax-exemption ruling in February 2017, 9 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 December 2023, Rainy Day Ranch reported income of $200k and spending of $220k, spending 110% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $237k to $200k (-16%), an average of -16% a year. The sharpest change came in the year to December 2023, when income dropped by 16%. Over the whole period it spent 85% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Rainy Day Ranch sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 51st percentile within WA. Charities of a similar size with the same main cause include Four Rivers Outreach Community Development Corporation ($200k), Castleton Community Seniors Inc ($200k) and Camino Y Esperanza NFP ($200k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% and program service revenue 12% of the total. Other salaries and wages came to $102k. At year end it held assets of $213k against liabilities of $9,098, net assets of $204k. It reported 7 employees.
Income and spending
Where the income comes from
- Contributions & grants 85%
- Program services 12%
- Other 2.5%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Four Rivers Outreach Community Development Corporation | N Charleston | $200k |
| Castleton Community Seniors Inc | Castleton | $200k |
| Camino Y Esperanza NFP | Saint Anne | $200k |
| FF Realty Corporation | Providence | $200k |