Raindrop Foundation San Antonio

Analysis

Raindrop Foundation San Antonio is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in February 2022, 4 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, Raindrop Foundation San Antonio reported income of $451k and spending of $423k, spending 94% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $279k to $451k (+61%), an average of +27% a year. The sharpest change came in the year to December 2022, when income rose by 36%. 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, Raindrop Foundation San Antonio sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 73rd percentile within TX. Charities of a similar size with the same main cause include Stoddard County Targeted Case ($451k), Second Chance Outreach ($451k) and Kiddy Up Ranch Inc ($451k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 68% of the total. Compensation of current officers, directors and key employees was $108k (26% of expenses). At year end it held assets of $28k against liabilities of $0, net assets of $28k. It reported 2 employees.